Nissan and Ovo combine to offer storage and vehicle-to-grid options

Carmaker Nissan and energy company OVO have announced plans to offer a vehicle-to-grid deal to customers buying a Nissan LEAF from January 2018. The two are also combining to launch OVO SolarStore (beta), which will allow OVO customers with solar PV households to buy Nissan’s xStorage Home system from OVO and get a credit on their energy bill.

Stephen Fitzpatrick, OVO chief executive, said: “Electric vehicles are fast becoming a mainstream option  for drivers and solve many of the challenges facing our cities. We believe that they have an integral part to play in the twenty-first century power grid and accelerating decarbonisation and mobility.

“We’re delighted that we can now offer such a compelling incentive to customers who are generating their own clean power, providing a truly sustainable alternative to the traditional energy model.”

The V2G offering will work by allowing Nissan EV owners to connect to the grid to charge at low-demand, cheap tariff periods. They can then use the electricity stored in the vehicle’s battery at home and at work when costs are higher, or even feed electricity back to the grid which could generate revenue for the EV owner. OVO plans to create special tariffs to reward customers for this interaction with the grid.

Read the release from Ovo here.

Further reading

Vehicles will not trouble the grid for long

 Who are the customers of 2030?