V2G is proof of how quickly innovation cycles are condensing in the energy sector and elsewhere. Such change is not without its challenges. At this stage, in our view, only two vehicle models, the Nissan Leaf and Mitsubishi Outlander, can be used with the new V2G chargers. It’s also important that the Australia/ New Zealand standards for how residential batteries can be housed to be plugged into customers’ garages. We are confident that take-up will increase as manufacturers see no adverse impact on their batteries. The University of Warwick in the United Kingdom undertook research on the potential of V2G, and found that it could improve vehicle battery life by around 10% over a year. is worked through, because otherwise there’s a risk that electric vehicles will not be able
COMMERCIAL IMPERATIVES:// As New Zealand’s biggest distributor of electricity and gas, we cannot afford to wait and see how all the changes that affect us will play out before we act. V2G is one more example of the way we are taking a leadership role, transforming the way energy is managed in Auckland by incorporating lateral approaches into our network. V2G is one aspect of changing what it means to be a successful distributor. Increasingly, the assets we recognise as being energy generators are being replaced by new means that require us to rethink what it means to integrate energy into our network. The transition to V2G is a strong example of addressing a problem, only to arrive at a solution that will help redefine our business. SOCIAL IMPERATIVES:// V2G offers consumers whole new ways to use their vehicle. Charging the electric vehicle this way will change how people think about, and pay for, the energy they use as well as potentially improving the economics of vehicle ownership. This is a tangible example of technology convergence in a world focused on finding sustainable solutions to global challenges. By providing new ways for companies and individuals to think about electric vehicles, we’re encouraging electrification of corporate fleets and potentially helping businesses to reduce their carbon impacts. This initiative aligns with our commitments to three United Nations Sustainable Development Goals: Affordable and Clean Energy; Industry Innovation and Infrastructure: and Sustainable Cities Communities.
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