Bidirectional charging enables electric vehicles to supply power back to the grid or homes, offering numerous benefits including energy cost savings and backup power during outages.
As electric vehicle deployment accelerates in the U.S., utilities and grid operators are grappling with the need for advanced tools to manage peak demand and integrate renewable energy sources.
A new study by EY and Eurelectric reveals the potential for smart charging solutions, like time-of-use tariffs and vehicle-to-grid technology, to significantly reduce the running costs of electric vehicles.
