Business Wire

SOLAR-PROMOTION-GMBH

25.5.2023 10:44:30 CEST | Business Wire | Press release

Share
Power2Drive Europe: Mobile Electricity Storage Systems for Private Homes and Businesses – and for a Stable Power Grid

According to statistics from the European Alternative Fuels Observatory, over six million electric and hybrid cars were on Europe’s roads in 2022. From 2035 onward, all cars will have to be electric in the EU. With e-mobility booming, there is more and more potential for e-cars to be used as mobile energy storage systems. They can supply electricity to private homes and offices, stabilizing the public power grid in the process. Using vehicle batteries as flexible storage systems in a smart grid in the future will be a crucial step in guaranteeing a stable energy supply and a cost-effective way of achieving climate targets. Visitors at this year’s Power2Drive Europe, the international exhibition for charging infrastructure and e-mobility being held at Messe München on June 14–16, will be able to discover innovations in bidirectional charging. Experts will also be discussing this topic at the accompanying Power2Drive Europe Conference 2023 at the International Congress Center München (ICM).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230525005398/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Bidirectional Charging at an AC-Charging Station (Photo: Solar Promotion GmbH)

Electric cars are as environmentally friendly as the electricity that powers them. When doubled up as mobile storage systems, they can also supply private homes with clean energy. With bidirectional charging, for example with Vehicle2Home (V2H), it is possible to optimize the self-consumption of solar power and the costs associated with charging and discharging e-cars when electricity rates are variable.

Vehicle2Building (V2B) takes this concept one step further. Multiple vehicles supply electricity to residential buildings or commercial properties, ensuring that the energy required during peak loads doesn’t have to be sourced from the grid. Both V2H and V2B are behind-the-meter applications. This means that vehicles only feed the electricity back into the residential building or commercial property. “This generally makes Vehicle2Home much easier to implement than Vehicle2Grid. And users can already expect decent margins,” says Timo Kern, Head of Energy System and Markets at the Research Center for Energy Economics (FfE) in Munich.

“So many vehicles and homes are suitable for Vehicle2Home”

With e-mobility booming, there is growing potential for V2H. Vehicles sitting at home during the week because their owners are working from home, work part-time or have a flexible working agreement are ideal – as are cars belonging to commuters, which can be used to store surplus energy over the weekend. When they are parked at home in the evening after work, they can supply electricity to the home. The difference between the domestic electricity price and the photovoltaic feed-in tariff is another major factor: “Since this difference has become much greater with energy prices on the rise, lots of vehicles and homes are now suitable for Vehicle2Home,” says Kern.

Vehicle2Grid (V2G) also has the potential to mobilize the immense power reserves in millions of electric cars in a matter of seconds, helping to secure a stable power supply in the process. In this context, vehicle batteries are used as flexible storage systems in a smart grid, playing a crucial role in guaranteeing a stable energy supply and providing a cost-effective way of achieving climate targets. Think tank Agora Energiewende (German Energy Transformation Initiative) ran the calculations in its study Climate-Neutral Power System 2035. If a quarter of all electric cars use V2G in 2035 and 40 percent of those vehicles are made available to the electricity market on average, the usable output will amount to 28 gigawatts in Germany. V2G also has the potential to reduce dependence on battery storage systems in private homes and on large-scale battery storage systems. And there are benefits for car owners too... They have the opportunity to earn money when they offer some of their vehicle’s battery capacity as a power reserve.

Only a modest number of e-cars are used for bidirectional charging as it stands. As demand grows, however, there will be more and more opportunities for vehicles to be used as electricity storage systems – whether that’s for V2H, V2B, V2G or V2L (Vehicle2Load). Bidirectional wallboxes are still relatively rare for now too. But demand is on the rise here too, so it’s only a matter of time before the relevant charging solutions are readily available in the market. The European Union’s three-year SCALE (Smart Charging Alignment for Europe) project is helping to lay the foundations here, with smart charging solutions for electric vehicles being researched and tested in real-life scenarios. Another aim of the project is to clarify technical, organizational, economic and political uncertainties surrounding the introduction of smart charging, inter-operability and V2X (Vehicle2Everything) solutions. The ultimate goal is to create a new energy ecosystem that benefits from the flexibility of batteries in electric vehicles on a large scale.

Bidirectional charging at the exhibition and Power2Drive Europe Conference

Visitors at Power2Drive Europe 2023 will be able to discover innovations in bidirectional charging. As part of The smarter E Europe, the international exhibition for charging infrastructure and e-mobility will be showcasing products, innovations and business models relating to charging infrastructure and electromobility at Messe München from June 14–16. Over 300 suppliers of charging infrastructure solutions are set to attend The smarter E Europe. The Mobility House, KEBA Group, Alfen and EnerCharge are just some of the exhibitors who will be presenting their solutions for bidirectional charging in Hall B6.

The Power2Drive Europe Conference 2023 will start on the day before the exhibition at the International Congress Center München (ICM). Bidirectional charging will be in the spotlight alongside market trends, analysis and research findings, and innovative projects for electromobility and charging infrastructure. For example, the session called Bidirectional Charging: Energy Supply Challenges organized by consulting and engineering firm umlaut will be discussing the latest developments in bidirectional charging, presenting results from pilot projects and looking at potential barriers to scaling bidirectional charging.

The most recent episode on Vehicle2Grid – How Close Are We to V2G Becoming a Daily Reality? with Dr. Stefan Perras & Thomas Gereke from Siemens – offers an in-depth look at the role of V2G in the decentralized grid of the future.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230525005398/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Organon Enters into Agreement to License MIUDELLA®, Sebela Pharmaceuticals’ Hormone-Free Intrauterine Device23.2.2026 13:30:00 CET | Press release

MIUDELLA® is a strategic addition to Organon’s portfolio, strengthening its long‑term commitment to advancing women’s health Organon (NYSE: OGN), a global healthcare company with a mission to deliver impactful medicines and solutions for a healthier every day, announced today that it has entered into an agreement to exclusively license global rights to MIUDELLA, Sebela Pharmaceuticals’ hormone-free copper intrauterine device (IUD) contraceptive. The effectiveness of this transaction is subject to review under the Hart-Scott-Rodino Antitrust Improvements Act and to U.S. Food and Drug Administration (FDA) approval of MIUDELLA's alternate supply chain entities and certain other conditions. MIUDELLA, the first hormone-free copper IUD approved in the U.S. in the last 40 years, is complementary to Organon’s commercial capabilities and would further Organon’s commitment to building a portfolio of products that meet women’s diverse reproductive health needs. MIUDELLA was approved by the FDA on

Lenovo Unlocks Data Potential with Next Generation of AI-Driven ThinkEdge Solutions23.2.2026 12:00:00 CET | Press release

New ThinkEdge devices deliver scalable, rugged, and versatile intelligence from gateway to high-performance edge for real-time insights Lenovo™ expanded its ThinkEdge portfolio with a new generation of AI-driven edge computing solutions, including the compact and reliable ThinkEdge SE10n Gen 2, the AI-ready ThinkEdge SE30n Gen 2, the AI-powerhouse ThinkEdge SE60n Gen 2, and Lenovo’s first industrial all-in-one (AIO) Panel PC, the ThinkEdge SE50a. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260223166717/en/ ThinkEdge SE10n Gen 2 As enterprises push intelligence closer to operations to improve resilience, reduce latency, and keep sensitive data local, edge computing has become a critical layer between devices, infrastructure, and cloud. Lenovo’s ThinkEdge solutions are purpose-built, industrial-grade edge systems designed to run reliably in harsh, space-constrained environments where traditional servers or PCs are impractic

Revolutionizing Performance Measurement: Industry-First Methodology for Testing 5G Network Slices Enabled by Ookla and Ericsson23.2.2026 12:00:00 CET | Press release

Specialized Speedtest app enabling real-time validation of differentiated 5G connectivity to be showcased at MWC Barcelona 2026 Ookla®, a global leader in connectivity intelligence, and Ericsson, a world leader in communications technology, demonstrate an innovative solution allowing users to measure and validate 5G network slicing performance. This collaboration marks a major milestone in the 5G-Advanced era, providing a way to validate the Quality of Experience (QoE) essential for the next generation of mobile applications and use cases. Historically, measuring the performance of an individual network slice from a consumer or enterprise device has been a significant technical challenge. Traditional speed tests measure the default internet connection. Through this collaboration, Ookla and Ericsson developed a methodology that enables the Speedtest app to identify and test specific network slices. This breakthrough demonstrates how Service Level Agreements (SLAs) for differentiated ser

Ant Group’s Alipay AI Pay and AI Health App AQ Each Surpass 100 Million Users During CNY as AI Adoption Accelerates in China23.2.2026 10:48:00 CET | Press release

As AI adoption gained momentum during the 2026 Chinese New Year, Ant Group announced today that both Alipay AI Pay and its AI health app AQ have each surpassed the 100 million user milestone. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260223266559/en/ A Chinese consumer paying with Alipay AI payment solution while ordering coffee AI Payment Adoption Accelerates amid CNY AI Shopping Boom From ordering bubble tea and coffee to buying movie tickets, Chinese consumers embraced AI-powered services in everyday scenarios during this year’s holiday, driving a surge in Alipay AI Pay usage. Alipay AI Pay has surpassed 100 million users on February 23, becoming the world’s first AI-native payment product to reach this milestone. This surge highlights the broad commercial adoption of AI-powered payments. During the week of February 5-11, Alipay AI Pay processed over 120 million transactions. Launched in 2025, Alipay AI Pay is an inn

Australian Motoring Service Adds Support for Apple’s Roadside Assistance via Satellite through Infobip23.2.2026 10:43:00 CET | Press release

Off-grid communication brings enhanced safety and reliability to drivers with iPhone 14 or later Global cloud communication platform Infobip supports Apple’s Roadside Assistance via satellite feature through Australian Motoring Service (AMS).* The groundbreaking technology enables drivers with iPhone 14 or later to request help and text with AMS — even in areas without cellular coverage — marking a significant advancement in automotive safety and customer service in Australia. According to the Australian Government, many parts of Australia’s regional and remote areas have no or poor mobile reception, which can make roadside assistance challenging. By leveraging Apple’s Roadside Assistance via satellite on Infobip's Cloud Contact Center solution, AMS provides critical support to stranded motorists in remote locations, including isolated highways, national parks, and mountainous regions. Rebecca Stenhouse, Chief Executive Officer at AMS, said: “At AMS, our priority is ensuring the safety

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye