Britain funds vehicle-to-grid power-sharing research with $41.5 million
OSLO (Reuters) - - British government says will fund research for vehicle-to-grid (V2G) technologies that will help electric vehicles to power households
- Says funding reaches almost 30 million pounds ($41.5 million)
- The funding has been awarded to 21 V2G projects to pay for research, design and development
- The schemes, including an EDF Energy project, will demonstrate how energy from electric vehicle batteries can be stored by the electricity system during peak hours, before being recharged off-peak back into vehicle batteries
(Reporting by Lefteris Karagiannopoulos; Editing by Dale Hudson)
