Payback time: how EV drivers can earn money while saving the planet. A Scottish firm is behind the world’s first national-scale initiative that will allow drivers of electric vehicles to sell electricity stored in their car batteries back to the grid, helping to keep the lights on across the country while contributing to the battle against climate change – and saving money in the process. Edinburgh-based Flexitricity, a specialist in demand-response energy, will be the first company in the world to offer countrywide grid-to-vehicle smart charging services for electric vehicles (EVs) and trade their stored power on the electricity market. Flexitricity bosses say the scheme will allow customers to save – or even earn – money, whilst also helping National Grid balance increasing quantities and the intermittent nature of renewable energy needed to achieve Scottish and UK climate targets.
Scotsman 11th March 2021 read more »