(MENAFNEditorial)
TOKYO, Oct, 19 2017 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) announces the implementation of a 'Vehicle-to-Grid' (V2G) pilot, with the first charge point(1) already being utilized with Mitsubishi Outlander PHEV's in-vehicle storage batteries. Using V2G-technology, peak demand on the electricity grid can be better balanced, by allowing electric vehicles to not just take power from the grid, but also return it to the network and expect to introduce a new potential earnings model for electric drivers. MMC joins forces with NewMotion, one of Europe's largest providers of smart charging solutions for electric driving, grid operator TenneT in Netherlands, and Nuvve a worldwide leader in V2G technology and grid service deployments.
In this demonstration, MMC will provide services for capacity reserve and balancing services(2) by utilizing charging infrastructure of NewMotion and Mitsubishi Outlander PHEV parked at home or at work-place in the city of Amsterdam linked to Nuvve's Grid Integrated Vehicle platform (GIVe). There are more than 25 thousands of Mitsubishi Outlander PHEVs available in the Netherlands.
In Europe, the Paris Agreement adopted in 2015 has resulted in the acceleration of initiatives to facilitate a low-carbon society, including the aggressive promotion of environmentally-friendly policies aimed at achieving renewable targets. As solar, wind and other renewable sources, which are intermittent, replace fossil fuels as a source of energy and enter mainstream power grids, stabilizing the power supply also poses a challenge.
Besides, both UK and France governments have plans to prohibit the sale of fossil fuel vehicles from 2040, and the flow of electricity is accelerating. Hence, a new mechanism to reduce the burden on charging electricity infrastructure is required.
MMC will verify the technology of V2G through this demonstration and aim to create new value and business opportunities utilizing electric cars / vehicle storage batteries.
Bi-directional charger and Mitsubishi Outlander PHEV
(1) Transmission system operators (TSOs) in Europe are required to secure a certain number of capacity reserves in order to prepare for sudden power loss or extensive blackout. Capacity reserves are procured through market transactions. The services offered on the market vary according to degree of urgency and duration of charge / discharge.
(2) Charge points provided by multinational energy corporation Enel.
About Mitsubishi Motors Mitsubishi Motors Corporation is the sixth largest automaker in Japan and the sixteenth largest in the world. It is part of the Mitsubishi keiretsu, formerly the biggest industrial group in Japan, and was formed in 1970 from the automotive division of Mitsubishi Heavy Industries. From October 2016, Mitsubishi is one-third owned by Nissan, and a part of the Renault - Nissan - Mitsubishi Alliance. For more information, please visit www.mitsubishi-motors.com/en/index.html.
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