Nissan and Endesa, an Enel Group subsidiary, signed a ground-breaking agreement at the 2015 Geneva Motor Show that paves the way for a mass-market vehicle-to-grid (V2G) system.
The two companies have pledged to work together to deliver a V2G system and an innovative business model designed to leverage this technology.
Nissan – the world leader in EV sales with over 160,000 Nissan LEAF sold globally- is turning a page in zero emission mobility, and releasing the full potential of electric vehicle (EV) batteries with the Endesa two-way charging technology. It’s all part of Nissan’s commitment to support the entire EV ecosystem, not just the car.
The two companies have agreed to collaborate on the following activities:
– Introduction of V2G services in the European market;
– Exploring the use of ‘second life’ EV batteries for stationary applications (including households, buildings, grid);
– Designing and evaluating potential affordable energy and mobility pack offers;
One of the main challenges for electricity management systems is to assure grid stability. This situation is especially relevant in countries with a high level of renewable energy generation, and this will only increase in the future. The longer term zero-emission vision is for EVs to be at the center of a fully integrated system whereby owners can participate in wholesale energy markets using the power stored in the batteries of their electric vehicles, and thus significantly reduce their cost of operation. In a not-so-distant scenario, the EV user not only decides when and where they want to charge their EV, but how best they spend and re-sell the energy stored in their EV; receiving tangible financial benefits in terms of energy savings, while at the same time maximizing the use of green energy.