Transitioning to Electric Vehicles and Bidirectional Charging in Retail Business Models

Australia’s Energy Market Operator predicts that in the future over 30 per cent of Australia’s electricity generation and flexible demand services will come from VPPs. And many energy retailers are literally banking on consumers signing up to one. VPPs are seen as one way to coordinate and manage all the numerous small-scale, decentralized energy resources like solar panels, EVs, and home batteries. But not everyone thinks that’s going to happen. Tim Washington is the co-founder and CEO of one of Australia’s largest electric vehicle charging services, Jetcharge. And he doesn’t think many Australians will need to join a VPP when they have an electric vehicle with bidirectional charging that will not only be able to charge from their solar, it will send energy back to the grid or into our homes. He predicts this will make electricity free, for many of us. For more information about electrification and energy efficiency https://onestepoffthegrid.com.au