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https://thedriven.io/2024/05/09/grid-revenue-fantasies-holding-back-rollout-of-electric-car-v2g-technology-in-australia/>
"Australia is being bogged down in the rollout of vehicle-to-grid (V2G)
products for electric vehicles because of design problems, and unrealistic
expectations about the potential revenues from grid services, according to one
energy expert.
“We are very, very far behind that journey and the way that we’re racing to
catch up is not creating the market outcomes that we require,” Greenergenic
cofounder Riccardo Pagliarella said at the Power and Utilities conference in
Melbourne on Wednesday.
Pagliarella cited a report in February by the Australian Renewable Energy
Agency (ARENA) that suggested a fleet of EVs used to supply Frequency Control
Ancillary Services (FCAS) to the National Energy Market (NEM) could generate
revenue of up to $12,000 per vehicle in a single year.
“We have had some certainly inflated values for the potential of vehicle to
grid, like 13 grand a year for a Nissan LEAF,” Pagliarella said.
“I don’t know who signed that off, but I’ll tell you what, for anyone that
works in the energy industry, it’s certainly wasn’t the trade desk of any
company that’s registered to trade in Australia. There is no one that will give
you six figures worth or four figures even worth of FCAS out of a
grid-connected car. It just doesn’t exist.
“And these things don’t get out of bed as fast as stationary batteries and they
are not doing virtual inertia…. They’re not going to be valued as high without
a shift in underlying policy that says, we’ve got all these cars, we’re going
to do something with them.”
Pagliarella believes that making claims around FCAS options when the market
design, underlying policies, and supporting regulations are not even in place
is not the right starting point.
“We need to get hard and fast, and then we can talk about do we have net value
enough to transfer something tangible to consumers?”"
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
