OVO Energy presented household vehicle-to-grid charger

19/04/2018 15:29 Biofuels


The world’s first widely-available domestic vehicle-to-grid (V2G) charger ever produced has been unveiled by OVO Energy, a UK gas & electricity company.

Tom Pakenham, Director of Electric Vehicles (EVs) at the company, mentioned that the recent technologies will considerably contribute to a more extensive adoption of electric cars, a smoother shift to an energy mix predominantly based on clean energy. These will also aid consumers reduce costs by producing their own electricity and selling it back to the grid in case of excess.  

It has been mentioned as well that a significant role will be played by the new equipment in developing the smart energy model of the future. 

Additionally, Mr. Pakenham stated that an EV is a big battery on wheels which has a storage device used by the energy system to keep green energy when it is being produced and transmit it back into the system during the period when it is less available.

To conclude, the Director of Electric Vehicles declared that the non-renewable generation on the grid will always have place for strategic motives, but a significant step soon will be the move away from traditional thermal plants.   

Daily (15.10.2018): The German spot power price fell by almost 21% on Friday, due to stronger wind generation and lower demand

15/10/2018 11:43:00

Oil prices were slightly higher of Friday, as the impact of the Hurricane Michael left several platforms in the Gulf of Mexico inactive, contributing to a drop in the U.S. crude production. Consequently, Brent crude closed 0.2% up at $80.43 a barrel.


Cuadrilla to start shale gas fracking in UK

15/10/2018 09:07:00

UK’s onshore oil and gas exploration company Cuadrilla is set to finally start hydraulic fracturing in Lancashire, northwest England, following a temporary setback Saturday due to weather conditions, Kallanish Energy reports.


Centrica trumpets distributed energy

15/10/2018 08:59:00

Distributed energy, including onsite generation and storage, could deliver potential carbon dioxide emission savings of 137 million tonnes by 2030 in the UK, according to a new report by Centrica.