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 (15.01.2019): Brent crude dipped by 2.5% on weak China import-export data

15/01/2019 11:38:00

Oil prices dropped on Monday as China reported weakening import-export data, which added to persistent concerns about a global growth slowdown. Brent crude plunged by 2.5% to $58.99 a barrel, despite support from OPEC-led output cuts. WTI futures slumped by around 2% to settle at $50.51 a barrel.


SSE completes £970m Caithness-Moray transmission project in Scotland

15/01/2019 09:31:00

The company said that its subsidiary Scottish and Southern Electricity Networks Transmission (SSEN Transmission) completed the construction, commissioning and energization of the Caithness-Moray project on time and within the allowance approved by Ofgem.


Importers hike the price of Russian gas in Romania

15/01/2019 09:28:00

WIEE, a company that imports Russian natural gas to Romania, notified its customers about a 2% price hike effective January 1, 2019, local Economica.net reported.