Unlocking Electric Vehicle Flexibility for Consumer Savings and Power Grid Optimization

Unlocking Electric Vehicle Flexibility for Consumer Savings and Power Grid Optimization



In a recently published study by Eurelectric in collaboration with EY, it has been revealed that electric vehicle (EV) owners in Europe have a remarkable opportunity to save a significant amount annually. The savings reported range between €450 and €2,900, achievable through the implementation of intelligent and bidirectional charging solutions. This innovative approach not only benefits consumers directly but also contributes to the efficiency of the power grid, a critical concern as renewable energy sources become increasingly integrated into the energy supply chain.

The Role of Smart Charging



The concept of smart charging enables EV batteries to not only draw electricity but also store excess energy. This stored energy can later be sold back to the grid during high demand periods. This

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