Electric Car Can Solve Electricity Grid Problems

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It is seen as low-hanging fruit that has been left on the tree for far too long: electric cars that can solve a large part of the problems with the power grid, especially in residential areas. By feeding power back into the grid during a shortage and charging during a surplus. Today, car companies Kia and Hyundai, together with Vattenfall, are launching the first project where private individuals can do just that. Participants must own a new mod…

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Owners of electric cars will start earning money thanks to the built-in battery. Energy suppliers and grid operators want to deploy them on a large scale to store electricity or draw power from it. Energy supplier Vattenfall is taking the first step to relieve the electricity grid together with major car brands Hyundai and Kia.