EV technology has seen dramatic innovations in recent years due to advances in both battery and digital communication technologies and a growing public awareness of green energy. However the current electrical power infrastructure needs major upgrading in capacity and control flexibility in order to meet the needs of tomorrow’s EVs. Adding capacity is far more expensive than adding intelligent power routing capabilities. With the increase in EVs on the road the potential exists to aggregate the energy in their batteries to create an energy storage buffer to absorb excess power during low-load periods such as during the night and become a source of electrical power during high-load periods such as a summer afternoon.
1) Allows the current infrastructure to sustain more EVs. 2) Helps electric utility providers with the critical problem of Demand Response. 3) Lowers overall costs for electric service providers by having access to aggregate EV energy at high demand times. 4) Lowers costs for the consumer by allowing charging at low demand times.