Project Sciurus is part of the UK’s Vehicle-to-Grid competition, funded by the Office for Low Emission Vehicles (OLEV) and the Department for Business Energy and Industrial Strategy (BEIS), in partnership with Innovate UK.
Vehicle-to-Grid (V2G) charging will enable electric car owners to save on their transport and energy bills by buying energy at times of low cost and selling unused energy back to the grid during peak times.
In turn, development of a smart grid around electric vehicles, smart charge points and other connected home devices entails considerable cost savings for grid operators. Instead of spending large sums on unsustainable network reinforcements, operators can tap into the inherent flexibility of millions of electric vehicles bought in the UK over the next decade, creating a giant battery at the residential level. Through intelligently managing charging behaviours via V2G the UK can turn electric, supply and demand can be efficiently balanced, accelerating decarbonisation.