An electric vehicle (EV) owner in Europe could save €450 to €2,900 every year by utilising both smart & bidirectional charging – shows Eurelectric-EY’s new study. Through smart charging, EV batteries can store excess electricity and with vehicle-to-grid (V2G) technologies, they can sell it back to the grid at times of peak demand, helping balance the power grid, reduce congestion and integrate variable renewables. Yet, consumers lack clear economic incentives to provide this service. Unlocking this potential requires clear price signals, enhanced access to flexibility markets, and interoperable data across the e-mobility ecosystem.
Read our press release and download the Eurelectric policy recommendations.
