- Pedro Espinoza Figueroa, Computer Science, MiraCosta College
- Mark Nejad, Department of Computer and Information Sciences, University of Delaware
With the increase in popularity of Electric Vehicles (EVs), there is more potential to what these vehicles are capable of besides having no greenhouse emissions. These emissions contribute to air pollution that then lead to public health issues along with damaging the environment. Vehicle-To-Grid (V2G) is a technology that can tap into an EVs potential, by utilizing the battery of an EV when not in use to distribute its energy back into the electrical grid. V2G can be beneficial to both utility providers (UPs), and the owners of these EVs. UPs can benefit by using the capacity of idle EVs during peak demand times, it also diversifies the grid as UPs would not have to depend on electricity being generated by fossil fuels. A two-sided market for V2G can benefit both parties (EVs and UPs) as EVs get rewarded for their participation and UPs gain capacity to meet demand their electric demands, along with stabilizing the grid. This market model can eliminate the need for additional costly power plants, and gain a more resilient, and sustainable power grid.