Octopus Energy launches new consortium to develop V2G charging tech

Octopus Energy has launched a new consortium to develop a large-scale domestic trial of vehicle-to-grid (V2G) charging in the UK.

This follows a £3million funding injection by BEIS and OLEV delivered by InnovateUK.

Comprising Octopus Energy, Octopus Electric Vehicles, UK Power Networks, ChargePoint Services, Open Energi, Energy Saving Trust and Navigant, the consortium will roll out vehicle-to-grid charging technology to UK electric vehicle (EV) drivers this year.

The £7million project will install 135 V2G chargers in a ‘cluster’ delivery model that will facilitate research into the impact of widespread EV rollout on the UK’s electricity grid.

The project will demonstrate the benefits of using domestic electric vehicle batteries to provide grid flexibility, cheaper transport and energy to homeowners, and faster decarbonisation of the UK's power and transport sectors.

Customers will be able to discover electric vehicles, take them for a test drive and access a special V2G bundle, Octopus PowerLoop, when leasing a V2G compatible car. A two-way charger will enable the driver to charge their vehicle intelligently, using their vehicle battery to power their home during peak times or selling spare power back to the grid – creating value for the driver.

The technology could revolutionise the energy system by enabling electric vehicles to act as battery packs for the grid, helping to solve the challenge of how to harness the full potential of renewable energy whilst making sure that it is always available on demand. Evidence also shows that V2G use has the potential to increase battery life.

Fiona Howarth, CEO of Octopus Electric Vehicles, said: “There has been a lot of talk from the sidelines about how vehicle-to-grid technology will change the face of energy, but with this consortium we will be the first in the UK to actually deliver it to hundreds of households. We're delighted to be working with this consortium of visionary companies, and proud to be backed by Innovate UK."