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Vehicle-to-grid: Does it make economic sense?

Vehicle-to-Grid is a fascinating concept that appeals to venture capitalists and energy economists alike. Imagine millions of electric vehicles and plug-in hybrids connected to the power grid, storing excess energy generated by wind farms at night and selling power back to the grid during peak demand hours. But is V2G truly a win-win-win -- that is, does it make economic sense for PHEV/EV owners and manufacturers? Given the battery depreciation economics, Lithium-ion may not be the right chemistry for V2G. It might be wise for us to focus our attention on more feasible ways to integrate renewables into the grid.

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