V2G technology works through bidirectional charging, which allows electricity to flow in both directions. When the vehicle is charging, energy is stored in the car’s battery. When the car is connected to a V2G-compatible charger and the power grid requires more energy, part of this energy can be sent back to the grid. This helps stabilise the power supply and reduce the strain on the grid, especially during periods of high demand.
Through your driving preferences, your vehicle tells the charging station things like how much battery energy is available, what state of charge is required and when. These parameters are sent securely to your chosen vehicle-to-grid service provider, so they can trade any spare energy on your behalf. Your service provider could be your energy supplier, or perhaps another company (depending on how the electricity system is structured in your region). They will make sure your vehicle remains charged according to your preferences, and also send you any earned financial rewards. Of course, you can always opt out of the trading at any time. It’s a myth that enabling V2G will “allow people to drain your battery”; you’re always in control!
If you have ever wondered who can be a vehicle-to-grid service provider, the answer is anyone. It could be your energy provider or someone independent, depending on how the energy market is set up in the relevant country. The communication could be 4G, through your own Wi-Fi, or even the smart meter.