Texas’s largest regulated utility company plans to develop technology that would allow energy from electric car batteries to flow back to the power grid.
Oncor and Toyota North America, headquartered in Plano, Texas, announced on Thursday a project known as vehicle-to-grid, or V2G, which the companies believe could allow customers to use their electric cars to help firm up the grid.
“Electrification is coming, and it’s Oncor’s job to build a safer, smarter, more reliable grid that can enable the needs of our customers, the state of Texas, and the ERCOT market,” Jim Greer, Oncor executive vice president and chief operating officer, said in a press release….