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 (09.08.2018): WTI Crude Plummeted by 3.2% on Wednesday, due to Increased Trade Tensions Between U.S. and China

09/08/2018 11:08:00

Oil crude prices fell on Wednesday, due to increased trade tensions between U.S. and China, who is set to impose retaliatory 25% tariffs on $16 billion of American goods. Both Brent crude and WTI prices dropped by 3.2% to close at $72.28 a barrel and $66.94 a barrel respectively.


Orsted makes onshore move

09/08/2018 09:00:00

Orsted is to acquire US renewables developer Lincoln Clean Energy for about $580m, signalling a move into the onshore wind sector for the Danish energy company.


UK experts back subsidies for mini nuclear power plants

09/08/2018 08:49:00

The UK Government should provide subsidies to developers of mini nuclear power stations like it did with the offshore wind industry.