Latest Advancements in Two-Way Power Exchange Technology
In a recent development, BloombergNEF, a trusted source of information, has released a report providing access to over 400 EV Market Reports. This comprehensive resource covers various aspects of the electric vehicle (EV) market, making it an invaluable tool for anyone interested in the EV industry.
The report is available for free, making it accessible to a wide audience. For consumers in California, the report offers particular relevance. Bi-directional charging consumers in the state may miss out on the chance to take advantage of effective EV-specific rates without submetering.
Submetering, a practice permitted by the California Public Utilities Commission, measures an EV's energy usage separately from the owner's primary utility meter. This eliminates the need for pricey extra meters, allowing consumers to benefit from EV time-of-use rates that are distinct from the total house account in California.
In California, the use of a specific tariff model for customers of a bi-directional charging station, which differs from the whole-house tariff, is enabled by the utility or energy provider that supports advanced metering infrastructure allowing such tariff differentiation.
Elsewhere, Duke Energy Carolinas is planning a significant move in the EV sector. The company is set to test a V2G (Vehicle-to-Grid) service in 2023 with 100 Ford F-150 Lightning vehicle owners. Participants in this test will have the opportunity to pay cheaper lease payments if they allow the company to use energy from their EVs.
It's important to note that this report is not an advertisement, but a resource offering insights into the EV market. Whether you're a consumer, an investor, or an industry professional, this report provides valuable information to help navigate the rapidly evolving world of electric vehicles.
