Government puts up £20m for electric vehicle-to-grid tech development

Government has freed-up £20 million to help kickstart vehicle-to-grid (V2G) development. The aim is to work out how electric vehicles can help balance the electricity system. The Department for Business, Energy and Industrial Strategy (Beis) and the Office for Low Emission Vehicles (Olev) said money is available for three types of V2G projects: feasibility studies

Tesla to build world’s biggest lithium ion battery in South Australia

Elon Musk’s company Tesla will partner with French utility Neoen to deliver the lithium ion battery designed to improve the security of electricity network. Elon Musk, the billionaire founder of Tesla, will build the world’s largest lithium ion battery to store renewable energy in South Australia in partnership with French energy utility Neoen. The 129MWh