Virtual power operators have been making a growing wave in the world lately. These institutions participate in the electricity energy markets that are traded like the stock market and earn extra income with both their electricity generation capacity and storage capabilities.
For example, mechanisms that combine small batteries and production capacities in houses that both obtain and store energy from the sun can fill the batteries when electricity is cheap and sell when it is high. At the same time, these facilities can use their generation capacity to exchange between their users, replacing the standby power plants that supply electricity to the grid when necessary so that the grid frequency is not disturbed when the energy is insufficient or redundant.
In addition, with the remote inclusion of authorized accounts in the systems, these structures become an income generation model for individuals. In this way, you can earn monthly income from the battery you use for emergencies or for situations where it is expensive to buy back electricity to the grid. What Honda is doing here is to operate the capacity of the batteries of electric vehicles with a huge energy storage capacity, providing extra income to vehicle owners and earning operator profits for itself. Thanks to the success it achieved in the pilot study of 6 vehicles last year, it plans to add its users with a bi-directional charging station to the platform that it will introduce soon.
Thus, while the vehicle is connected to the charger, it will not only draw electricity when needed and when the price drops very cheaply, but it will also be able to supply electricity to the grid for instantaneous needs of the grid or draw it from the grid for balancing purposes.
In general, the fact that the vehicles will be used for a few hours a day and will earn as long as they are connected in other cases is a great advantage and provides the right use of resources. All that is required for this is that the vehicles and the station are in a structure to allow double-sided flow.
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