State Grid Zhenjiang Power Supply Company Expands Application of V2G Technology to Enhance Power Supply Security

November 20, 2024 10:57 PM AEDT | By Cision

State Grid Zhenjiang Power Supply Company Expands Application of V2G Technology to Enhance Power Supply Security — Image source: Kalkine Media

Recent News

Laekna Announces a Clinical Collaboration with Lilly to Develop LAE102...

South Korea's Hanwha Life to acquire majority stake in U.S.-based Velo...

Is China's accelerated pace of technological innovation targeted at th...

CRIMSONLOGIC AND NEWAGE PARTNER TO REVOLUTIONIZE FREIGHT MANAGEMENT AN...

ZHENJIANG, China, Nov. 20, 2024 /PRNewswire/ -- Recently, two charging stations equipped with Vehicle-to-Grid (V2G) functionality were installed in Zhenxing Village, Zhenjiang, Jiangsu Province, marking a further expansion of practical applications of V2G technology in the local area.

V2G refers to the interaction of energy and information between new energy vehicles (NEVs) and the power grid through charging stations. Vehicle owners can charge their cars during off-peak hours and sell excess power back to the grid, earning certain benefits. This achieves a win-win situation by reducing peak loads and supporting stable grid operation. With the steady growth in NEV production and sales, the scale of V2G interactions nationwide continues to expand.

In recent years, the massive integration of rooftop photovoltaics in the local area has posed challenges to the distribution network. To address this issue, as early as 2023, State Grid Zhenjiang Power Supply Company began actively exploring the use of V2G technology to expand power supply security measures in rural areas and enhance power supply reliability. In May 2023, the Yangzhong Municipal Government in Zhenjiang issued the "Implementation Opinions on Accelerating the Development of New Energy Vehicles, New Energy Storage, and Carrying Out V2G Demonstrations". This was the first supporting policy at the governmental level in Jiangsu Province to encourage V2G interactions. In September 2023, Zhenjiang's first V2G demonstration site was established at the Xinba Town Government in Yangzhong and conducted tests on discharging power from government vehicles. In June 2024, State Grid Zhenjiang Power Supply Company conducted the city's first V2G test with buses, where two NEVs continuously discharged power to the grid for one hour through V2G charging stations, providing power for five households for three consecutive hours.

It is estimated that by early November, the company will complete the installation and deployment of eight V2G charging stations with a total capacity of 480 kW at five centralized charging stations in Xinghua Village, Huilong Village, Laolang Village, Zhenxing Village, and Yongsheng Village in Zhenjiang, providing daily power supply for about 30 households. In the next stage, the company will actively explore interaction technologies between different power consumers and the grid, enriching power supply security measures through orderly power use and bidirectional charging, to strengthen grid security.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Full Name

Mobile

By submitting your details above and clicking on the 'Download Report' button, you confirm that you are happy for one of the representatives of Kalkine Media or its group entities to contact you to discuss the services, consent to - our Terms & Conditions, and to receive marketing offers, including to be contacted by email or phone, as set out in our Privacy Policy. Any calls will be made by Kalkine group's telemarketing entities on our behalf or on behalf of Kalkine group entities.