Pricing dilemma pivotal to unlocking V2G potential

There is “brilliant” potential for vehicle-to-grid charging technologies to sweep the UK, but only if the industry can bring prices down.

That’s the view of Tom Pakenham, director of electric vehicles at OVO and Kaluza, who said that V2G technologies could “unlock the potential of the car in ways smart charging just doesn’t”.

Kaluza parent company OVO is one of a select few energy companies in the UK currently installing domestic V2G chargers in the UK and currently has around 30 installed, forming part of a major government-backed competition to help boost the technology.

OVO Vehicle-to-Grid (V2G) charging (Image: T. Larkum/Fuel Included)

OVO Vehicle-to-Grid (V2G) charging (Image: T. Larkum/Fuel Included)

Pakenham says that expanding these technologies to a mass market of a million cars had the potential to be brilliant but, on top of ensuring that customers had the “right habits” and the right relationship with their supplier, technology costs would have to come down.

Read more: Current News

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