WEBVTT 1 00:00:01.240 --> 00:00:02.298 At the end of September, 2 00:00:02.298 --> 00:00:04.043 Hurricane Helene slammed 3 00:00:04.043 --> 00:00:05.670 into the U.S. state of North Carolina. 4 00:00:06.151 --> 00:00:07.743 It caused blackouts across the state. 5 00:00:08.162 --> 00:00:10.000 But then, something unusual started happening. 6 00:00:10.313 --> 00:00:11.590 Not everyone was without power. 7 00:00:12.071 --> 00:00:14.096 Some electric vehicle owners could keep their lights on – 8 00:00:14.242 --> 00:00:16.597 because their car batteries started powering their homes. 9 00:00:17.099 --> 00:00:18.308 It was a pretty cool solution 10 00:00:18.308 --> 00:00:19.770 to a pretty specific problem, 11 00:00:20.000 --> 00:00:22.419 but this could be the start of something much bigger. 12 00:00:23.005 --> 00:00:23.709 It turns out 13 00:00:23.709 --> 00:00:25.318 there’s a way to connect up thousands, 14 00:00:25.318 --> 00:00:27.647 if not millions of cars like these, 15 00:00:27.647 --> 00:00:29.397 into a single virtual power plant 16 00:00:29.564 --> 00:00:31.242 that can charge up when energy is cheap, 17 00:00:31.535 --> 00:00:32.403 and give that power back 18 00:00:32.403 --> 00:00:33.350 when it’s needed most. 19 00:00:34.061 --> 00:00:35.528 It’s called vehicle-to-grid, 20 00:00:35.674 --> 00:00:38.192 and it’s a pretty great solution to a lot of big problems, 21 00:00:38.192 --> 00:00:39.564 from keeping your lights on, 22 00:00:39.710 --> 00:00:40.898 to reducing your energy bill, 23 00:00:41.212 --> 00:00:43.324 to making sure that the entire electricity grid 24 00:00:43.324 --> 00:00:44.374 keeps working properly. 25 00:00:44.876 --> 00:00:45.721 Here’s how it works, 26 00:00:45.721 --> 00:00:47.245 and why it might not be long 27 00:00:47.245 --> 00:00:48.260 before it’s everywhere. 28 00:00:50.372 --> 00:00:51.843 Ok, to understand how 29 00:00:51.843 --> 00:00:53.533 this unassuming thing can do all that, 30 00:00:53.679 --> 00:00:55.377 we first need to talk about the grid. 31 00:00:56.506 --> 00:00:58.699 It’s everyone’s favorite giant global network 32 00:00:58.699 --> 00:01:00.056 of cables and power stations 33 00:01:00.056 --> 00:01:01.616 that lets us do pretty much everything 34 00:01:01.616 --> 00:01:02.586 in modern society. 35 00:01:03.213 --> 00:01:04.816 And the way it works is pretty simple. 36 00:01:05.109 --> 00:01:06.063 There’s the stuff that goes in, 37 00:01:06.314 --> 00:01:08.230 from fossil fuel power plants and renewable energy, 38 00:01:08.669 --> 00:01:09.769 and the stuff that comes out, 39 00:01:09.874 --> 00:01:10.665 which is the electricity 40 00:01:10.665 --> 00:01:11.887 that lets you charge your EV 41 00:01:12.242 --> 00:01:13.799 and watch this video right now. 42 00:01:15.000 --> 00:01:16.590 It’s the job of grid operators 43 00:01:16.590 --> 00:01:18.622 to balance that supply and demand perfectly. 44 00:01:19.103 --> 00:01:19.603 That way, 45 00:01:19.603 --> 00:01:20.634 it can always provide 46 00:01:20.634 --> 00:01:22.509 the exact same frequency of electricity 47 00:01:22.509 --> 00:01:23.914 through this giant network. 48 00:01:24.499 --> 00:01:25.796 If too much starts going in, 49 00:01:25.984 --> 00:01:27.034 that frequency could go up 50 00:01:27.034 --> 00:01:28.198 and fry our appliances. 51 00:01:28.658 --> 00:01:29.158 Too little, 52 00:01:29.158 --> 00:01:29.978 and it would go down, 53 00:01:29.978 --> 00:01:30.876 causing blackouts. 54 00:01:31.524 --> 00:01:33.269 Now take a look at how much electricity 55 00:01:33.269 --> 00:01:35.025 we typically use over the course of a day. 56 00:01:35.485 --> 00:01:36.371 This part right here, 57 00:01:36.371 --> 00:01:37.453 called peak demand, 58 00:01:37.641 --> 00:01:39.276 is what usually messes everything up. 59 00:01:40.364 --> 00:01:41.965 That happens mostly in the evenings, 60 00:01:42.090 --> 00:01:43.342 as we get back home from work, 61 00:01:43.342 --> 00:01:45.661 and turn on all our appliances right at the same time 62 00:01:45.661 --> 00:01:47.836 that the day’s solar energy is starting to fade out. 63 00:01:48.547 --> 00:01:49.561 And this is what happens 64 00:01:49.561 --> 00:01:50.976 when we all plug in our EVs. 65 00:01:51.457 --> 00:01:52.811 It’s like every house with an EV 66 00:01:52.811 --> 00:01:54.258 doubles the amount of electricity 67 00:01:54.258 --> 00:01:55.253 its taking from the grid. 68 00:01:55.734 --> 00:01:57.667 Multiply that by a few million cars, 69 00:01:57.918 --> 00:01:59.963 and then add in the other big electric appliances 70 00:01:59.963 --> 00:02:00.975 that we need to start using, 71 00:02:00.975 --> 00:02:01.762 like heat pumps. 72 00:02:02.348 --> 00:02:03.188 It’s pretty clear 73 00:02:03.188 --> 00:02:04.960 that keeping everything perfectly balanced 74 00:02:04.960 --> 00:02:06.987 is going to keep getting harder and harder. 75 00:02:09.308 --> 00:02:11.053 Now that problem is typically dealt with 76 00:02:11.053 --> 00:02:13.616 by turning on more fossil fuel power plants to meet demand, 77 00:02:13.804 --> 00:02:15.003 but that’s bad for the planet, 78 00:02:15.003 --> 00:02:16.852 and it's usually incredibly inefficient. 79 00:02:17.207 --> 00:02:18.969 We made a video about how much energy 80 00:02:18.969 --> 00:02:19.890 gets wasted this way. 81 00:02:20.747 --> 00:02:23.201 The other big solution that doesn’t use fossil fuels 82 00:02:23.201 --> 00:02:24.301 is to build batteries 83 00:02:24.301 --> 00:02:25.636 that can store renewable energy 84 00:02:25.636 --> 00:02:26.223 during the day, 85 00:02:26.662 --> 00:02:27.886 and put that energy into the grid 86 00:02:27.886 --> 00:02:28.668 in the evening 87 00:02:28.668 --> 00:02:29.996 or whenever it’s needed most. 88 00:02:30.958 --> 00:02:33.029 And guess where a lot of new batteries are going? 89 00:02:33.719 --> 00:02:35.054 Into electric vehicles. 90 00:02:35.598 --> 00:02:36.758 This is where vehicle-to-grid, 91 00:02:36.925 --> 00:02:38.228 or V2G comes in. 92 00:02:38.646 --> 00:02:41.558 The idea is to let electricity flow from the EV battery 93 00:02:41.558 --> 00:02:43.233 via the charger into the grid, 94 00:02:43.400 --> 00:02:44.687 and back again as needed. 95 00:02:45.314 --> 00:02:47.104 "The principle is very quite simple." 96 00:02:47.920 --> 00:02:48.775 That’s Robin Berg, 97 00:02:48.984 --> 00:02:50.345 an entrepreneur who just launched 98 00:02:50.345 --> 00:02:53.009 the first V2G enabled car-sharing service in Europe, 99 00:02:53.532 --> 00:02:54.780 with 500 EVs 100 00:02:54.780 --> 00:02:56.465 that can send electricity back into the grid 101 00:02:56.653 --> 00:02:57.486 when they’re not being used. 102 00:02:57.486 --> 00:02:58.932 "If there's a lot of renewables, 103 00:02:58.932 --> 00:03:00.158 then you charge your car. 104 00:03:00.158 --> 00:03:01.931 If there's not, then you discharge your car." 105 00:03:02.789 --> 00:03:04.249 That works because during the day, 106 00:03:04.249 --> 00:03:05.602 the vehicles can charge up 107 00:03:05.602 --> 00:03:06.929 whenever electricity is cheap 108 00:03:07.117 --> 00:03:07.983 and demand is low, 109 00:03:08.380 --> 00:03:10.224 without putting extra stress on the grid. 110 00:03:10.935 --> 00:03:12.838 Then in the evening when peak demand arrives, 111 00:03:13.173 --> 00:03:14.882 grid operators can tap into those cars 112 00:03:14.882 --> 00:03:17.035 as extra capacity to send back into the grid. 113 00:03:17.767 --> 00:03:19.401 On days with a lot of sun and wind, 114 00:03:19.589 --> 00:03:21.294 this can actually even make you a bit of cash. 115 00:03:21.859 --> 00:03:22.690 In some countries, 116 00:03:22.690 --> 00:03:25.105 grid operators will pay you to charge your car, 117 00:03:25.356 --> 00:03:26.216 as they need somewhere 118 00:03:26.216 --> 00:03:27.356 for that extra energy to go 119 00:03:27.356 --> 00:03:28.524 to keep everything balanced. 120 00:03:29.235 --> 00:03:29.735 Then, 121 00:03:29.735 --> 00:03:31.189 you can sell it into the electricity market 122 00:03:31.189 --> 00:03:31.766 in the evening. 123 00:03:32.832 --> 00:03:33.871 Now this all sounds cool 124 00:03:33.871 --> 00:03:35.373 for the EV parked in your driveway, 125 00:03:35.770 --> 00:03:37.244 but it becomes a really big deal 126 00:03:37.558 --> 00:03:39.450 when there’s thousands, if not millions, 127 00:03:39.450 --> 00:03:40.834 of cars with this capability. 128 00:03:41.315 --> 00:03:43.235 All those batteries suddenly start to function 129 00:03:43.235 --> 00:03:44.478 like a virtual power plant. 130 00:03:45.126 --> 00:03:47.201 Let’s say there isn’t much renewable energy today, 131 00:03:47.201 --> 00:03:49.288 or people are using a lot of electricity. 132 00:03:49.874 --> 00:03:51.997 Instead of turning on a backup fossil fuel power plant, 133 00:03:52.457 --> 00:03:54.167 grid operators can send out a signal 134 00:03:54.167 --> 00:03:55.974 to this huge network of car batteries, 135 00:03:55.974 --> 00:03:57.649 which can send just enough electricity 136 00:03:57.649 --> 00:03:59.465 back into the grid to keep everything balanced, 137 00:03:59.800 --> 00:04:01.151 until the demand goes back down, 138 00:04:01.151 --> 00:04:02.484 or renewables kick back in. 139 00:04:03.216 --> 00:04:04.189 "Just to give an idea. 140 00:04:04.189 --> 00:04:05.575 There are like 8 million cars 141 00:04:06.014 --> 00:04:07.994 now growing to 9 million in [the] Netherlands, 142 00:04:08.580 --> 00:04:11.932 and with just like 2 million of them being bi-directional, 143 00:04:12.664 --> 00:04:14.023 you have enough batteries 144 00:04:14.023 --> 00:04:17.418 for the entire grid balancing demand, 145 00:04:17.857 --> 00:04:20.793 so you can just shut down gas forever." 146 00:04:21.462 --> 00:04:23.218 So why isn’t this already everywhere? 147 00:04:23.678 --> 00:04:25.062 Well there’s the obvious thing, 148 00:04:25.062 --> 00:04:25.661 cost. 149 00:04:26.477 --> 00:04:29.524 V2G only works with a special bi-directional inverter, 150 00:04:29.796 --> 00:04:30.719 which would either need to be built 151 00:04:30.719 --> 00:04:31.511 into the car, 152 00:04:31.720 --> 00:04:32.453 or the charger, 153 00:04:32.453 --> 00:04:33.243 when they’re made. 154 00:04:33.892 --> 00:04:35.679 Then it also needs software and hardware 155 00:04:35.679 --> 00:04:37.137 to communicate with grid operators, 156 00:04:37.827 --> 00:04:38.949 and for home charging 157 00:04:38.949 --> 00:04:40.527 you’ll need a smart electricity meter, 158 00:04:40.632 --> 00:04:42.021 which can track the amount of electricity 159 00:04:42.021 --> 00:04:42.724 going both ways. 160 00:04:43.665 --> 00:04:44.717 All of that needs to meet 161 00:04:44.717 --> 00:04:46.001 the extremely high standards 162 00:04:46.001 --> 00:04:47.199 expected of both cars 163 00:04:47.199 --> 00:04:48.936 and anything that connects to the grid. 164 00:04:49.480 --> 00:04:50.850 One trial had an upfront cost 165 00:04:50.850 --> 00:04:53.985 equivalent to about 5,600 Euros per participant, 166 00:04:54.403 --> 00:04:55.659 but that same trial 167 00:04:55.659 --> 00:04:56.883 found that the annual revenue 168 00:04:56.883 --> 00:04:58.313 from storing cheap electricity 169 00:04:58.313 --> 00:04:59.362 and selling back into the grid 170 00:04:59.822 --> 00:05:02.095 was anywhere between 400 and 800 Euros. 171 00:05:02.618 --> 00:05:04.440 So if those initial costs get cheaper, 172 00:05:04.691 --> 00:05:06.396 it could be profitable much faster. 173 00:05:07.755 --> 00:05:09.286 Then there’s the battery problem. 174 00:05:09.830 --> 00:05:11.525 Batteries degrade the more you charge 175 00:05:11.525 --> 00:05:12.558 and discharge them. 176 00:05:12.934 --> 00:05:14.438 Using them as a powerpack for the grid 177 00:05:14.438 --> 00:05:15.697 would result in them charging 178 00:05:15.697 --> 00:05:17.437 and discharging a lot more frequently 179 00:05:17.437 --> 00:05:18.874 than they would from being used normally. 180 00:05:19.460 --> 00:05:21.009 And as an EV's battery degrades, 181 00:05:21.364 --> 00:05:23.196 the distance it can travel on a single charge, 182 00:05:23.426 --> 00:05:24.482 also known as its range, 183 00:05:24.482 --> 00:05:25.247 gets worse. 184 00:05:25.833 --> 00:05:26.879 So for car manufacturers 185 00:05:26.879 --> 00:05:27.838 who are already competing 186 00:05:27.838 --> 00:05:29.108 over the range of their cars, 187 00:05:29.484 --> 00:05:31.591 adding in V2G isn’t very appealing. 188 00:05:32.867 --> 00:05:34.597 Advocates say that this isn’t a problem 189 00:05:34.597 --> 00:05:35.667 with new types of batteries 190 00:05:36.022 --> 00:05:37.878 that are becoming the standard in new EVs. 191 00:05:39.342 --> 00:05:40.745 Lithium-iron-phosphate batteries 192 00:05:40.745 --> 00:05:42.810 are typically able to go from full to empty 193 00:05:42.810 --> 00:05:44.114 and back up to full again, 194 00:05:44.302 --> 00:05:45.196 known as a cycle, 195 00:05:45.468 --> 00:05:46.988 more than 3000 times, 196 00:05:47.385 --> 00:05:48.267 which is more than double 197 00:05:48.267 --> 00:05:50.105 the amount of today’s most common batteries. 198 00:05:50.711 --> 00:05:52.754 But once you get past the cost and battery problems, 199 00:05:53.256 --> 00:05:54.799 there’s the question of whether it’s even legal 200 00:05:54.799 --> 00:05:55.471 where you live. 201 00:05:56.036 --> 00:05:57.349 In most places right now, 202 00:05:57.579 --> 00:05:59.671 there isn’t any way to actually sell energy 203 00:05:59.671 --> 00:06:00.953 back into the grid from your car. 204 00:06:01.643 --> 00:06:02.590 And that’s because regulators 205 00:06:02.590 --> 00:06:03.720 are interested in the idea, 206 00:06:03.950 --> 00:06:04.953 but pretty nervous about 207 00:06:04.953 --> 00:06:06.187 how to actually make it work. 208 00:06:07.191 --> 00:06:08.402 Remember how important it is 209 00:06:08.402 --> 00:06:09.764 to keep everything balanced? 210 00:06:10.245 --> 00:06:11.891 Well, controlling power plants 211 00:06:11.891 --> 00:06:12.571 or wind farms 212 00:06:12.571 --> 00:06:14.205 is a little bit easier than thousands, 213 00:06:14.205 --> 00:06:16.667 if not millions of cars and chargers, 214 00:06:16.667 --> 00:06:18.173 distributed around the country, 215 00:06:18.528 --> 00:06:20.250 which all need to be able to communicate 216 00:06:20.250 --> 00:06:20.750 with each other 217 00:06:20.957 --> 00:06:22.330 and the grid perfectly. 218 00:06:22.895 --> 00:06:25.090 "If your car becomes a battery on wheels, 219 00:06:25.215 --> 00:06:26.827 it's a complete new function of the car. 220 00:06:27.496 --> 00:06:30.553 And with that [is] also risk involved. 221 00:06:31.619 --> 00:06:32.642 So if something goes wrong, 222 00:06:32.642 --> 00:06:33.916 then everyone is looking at the car." 223 00:06:34.732 --> 00:06:36.795 There are some promising things on the horizon. 224 00:06:37.339 --> 00:06:38.856 There’s a proposed law in California 225 00:06:38.856 --> 00:06:40.501 to require bidirectional charging 226 00:06:40.501 --> 00:06:41.956 in all new EV’s 227 00:06:41.956 --> 00:06:43.244 at some point in the future. 228 00:06:43.997 --> 00:06:45.156 And Germany’s vice-chancellor 229 00:06:45.156 --> 00:06:46.097 told German media 230 00:06:46.348 --> 00:06:47.408 that the regulations needed 231 00:06:47.408 --> 00:06:48.805 to allow bi-directional charging 232 00:06:48.972 --> 00:06:51.633 would be in place by January 1st, 2025. 233 00:06:52.699 --> 00:06:54.288 But it’s going to take a long time 234 00:06:54.288 --> 00:06:56.034 before the types of cars you can buy 235 00:06:56.034 --> 00:06:57.047 will make any difference. 236 00:06:57.967 --> 00:06:59.369 That’s especially true because, 237 00:06:59.369 --> 00:07:01.169 unless you live in your own standalone house 238 00:07:01.169 --> 00:07:02.448 with a personal charger, 239 00:07:02.803 --> 00:07:05.124 this technology doesn’t really make any sense yet. 240 00:07:05.605 --> 00:07:06.946 Right now, most EV owners 241 00:07:06.946 --> 00:07:08.287 do tend to own their own home, 242 00:07:08.601 --> 00:07:09.471 or live in the suburbs, 243 00:07:09.659 --> 00:07:11.232 which makes V2G a bit easier 244 00:07:11.232 --> 00:07:11.930 in the short term. 245 00:07:12.432 --> 00:07:13.938 But if you live in a high-density city 246 00:07:13.938 --> 00:07:14.906 in an apartment block, 247 00:07:15.199 --> 00:07:16.909 there are only so many public chargers 248 00:07:16.909 --> 00:07:18.676 for you to leave your car plugged into all night. 249 00:07:19.303 --> 00:07:20.276 So until we figure that out 250 00:07:20.778 --> 00:07:21.455 there’s another way 251 00:07:21.622 --> 00:07:23.012 to make a lot of vehicles in the city 252 00:07:23.012 --> 00:07:24.419 bi-directional very quickly. 253 00:07:25.339 --> 00:07:26.537 And that’s by converting these, 254 00:07:26.997 --> 00:07:27.563 and these, 255 00:07:27.939 --> 00:07:28.696 and these. 256 00:07:29.198 --> 00:07:30.932 Big fleets of vehicles with big batteries 257 00:07:30.932 --> 00:07:32.811 that already sit around for most of the day, 258 00:07:33.020 --> 00:07:34.279 and are organised and operated 259 00:07:34.279 --> 00:07:35.374 on regular schedules. 260 00:07:36.022 --> 00:07:37.413 That’s what Veolia did in the UK 261 00:07:37.413 --> 00:07:38.348 earlier this year, 262 00:07:38.453 --> 00:07:40.171 converting two waste collection trucks 263 00:07:40.171 --> 00:07:41.410 into bi-directional vehicles 264 00:07:41.410 --> 00:07:43.065 with batteries six times larger 265 00:07:43.065 --> 00:07:43.854 than a typical car. 266 00:07:44.753 --> 00:07:47.251 This "small-scale public trial" approach 267 00:07:47.251 --> 00:07:48.906 is a way to convince manufacturers, 268 00:07:49.115 --> 00:07:49.755 regulators, 269 00:07:49.755 --> 00:07:50.656 and consumers, 270 00:07:50.781 --> 00:07:52.230 that this technology can work, 271 00:07:52.523 --> 00:07:53.674 and is a good idea. 272 00:07:54.218 --> 00:07:55.737 "They want to first deploy it 273 00:07:55.737 --> 00:07:57.331 in a controlled environment. 274 00:07:57.331 --> 00:08:00.654 So it's not a technology you just add to a car 275 00:08:00.654 --> 00:08:02.399 and give it to the market. 276 00:08:02.399 --> 00:08:04.011 You really have to be in control, 277 00:08:04.011 --> 00:08:05.398 also as a carmaker." 278 00:08:06.004 --> 00:08:07.754 But where it might have the biggest impact 279 00:08:07.754 --> 00:08:09.662 is where the most EVs are coming online, 280 00:08:10.000 --> 00:08:10.835 and that’s China. 281 00:08:11.400 --> 00:08:13.137 "EVs are a big priority 282 00:08:13.137 --> 00:08:14.252 for the Chinese government." 283 00:08:14.880 --> 00:08:16.158 That’s Ilaria Mazzocco, 284 00:08:16.158 --> 00:08:17.326 who’s spent over a decade 285 00:08:17.326 --> 00:08:18.605 researching China’s industrial 286 00:08:18.605 --> 00:08:19.741 and climate policies. 287 00:08:20.117 --> 00:08:22.324 "So all the incentives are there, right? 288 00:08:22.324 --> 00:08:23.382 The economic incentive, 289 00:08:23.382 --> 00:08:24.437 the political incentive, 290 00:08:24.437 --> 00:08:25.777 they want to make this work." 291 00:08:26.446 --> 00:08:28.477 The country has started its own V2G trials 292 00:08:28.477 --> 00:08:29.484 in a number of cities, 293 00:08:29.630 --> 00:08:31.024 setting up bi-directional chargers, 294 00:08:31.024 --> 00:08:32.462 and converting bus fleets, 295 00:08:32.713 --> 00:08:34.160 in order to test how easily 296 00:08:34.160 --> 00:08:35.965 the technology can integrate into the grid. 297 00:08:36.781 --> 00:08:37.477 But Mazzocco says 298 00:08:37.477 --> 00:08:39.638 if China decides to make V2G a priority, 299 00:08:40.161 --> 00:08:41.558 all that test infrastructure 300 00:08:41.558 --> 00:08:42.249 could very quickly 301 00:08:42.249 --> 00:08:43.991 become the norm for EVs there. 302 00:08:44.890 --> 00:08:47.857 "Traditionally China has been quite good 303 00:08:47.857 --> 00:08:50.736 at allowing local level experimentation. 304 00:08:50.736 --> 00:08:53.734 That's worked very well in the EV industry. 305 00:08:53.901 --> 00:08:55.102 The Chinese system is very good 306 00:08:55.102 --> 00:08:57.611 at investing in infrastructure. 307 00:08:58.071 --> 00:09:01.280 So if there is something physical to be built, 308 00:09:01.824 --> 00:09:04.014 then I think it'll be a lot easier 309 00:09:04.014 --> 00:09:05.093 to see that happen." 310 00:09:06.097 --> 00:09:07.826 Chinese auto-makers, like BYD, 311 00:09:07.826 --> 00:09:09.006 already have some models 312 00:09:09.006 --> 00:09:10.081 with bi-directional charging. 313 00:09:10.625 --> 00:09:12.666 And that’s putting a lot of pressure on manufacturers 314 00:09:12.666 --> 00:09:14.467 in both Europe and the United States 315 00:09:14.467 --> 00:09:15.000 to keep up. 316 00:09:16.022 --> 00:09:17.644 Both regions are trying to slow down 317 00:09:17.644 --> 00:09:19.488 the rise of Chinese EV imports 318 00:09:19.488 --> 00:09:20.187 through tariffs, 319 00:09:20.584 --> 00:09:22.432 so making their cars V2G compatible 320 00:09:22.432 --> 00:09:23.740 could give them a competitive edge. 321 00:09:26.396 --> 00:09:27.861 So, while it won’t happen overnight, 322 00:09:27.986 --> 00:09:30.175 the days of seeing our cars as just cars 323 00:09:30.384 --> 00:09:31.702 might soon be coming to an end. 324 00:09:32.267 --> 00:09:34.423 Despite the high-costs and regulation barriers, 325 00:09:34.716 --> 00:09:36.207 a lot of big players in the industry 326 00:09:36.207 --> 00:09:38.745 are seeing the potential for technology like V2G 327 00:09:38.745 --> 00:09:40.156 to change the way we think about 328 00:09:40.156 --> 00:09:42.184 how and when we use electricity. 329 00:09:42.749 --> 00:09:44.556 That could make a big difference for our wallets, 330 00:09:44.870 --> 00:09:46.675 and the stability of all those cables 331 00:09:46.675 --> 00:09:47.735 keeping our lights on. 332 00:09:48.090 --> 00:09:50.364 Because if we do manage to electrify everything, 333 00:09:50.803 --> 00:09:52.112 then the grid is going to need 334 00:09:52.112 --> 00:09:53.334 all the help it can get. 335 00:09:54.003 --> 00:09:54.600 So let us know 336 00:09:54.600 --> 00:09:56.015 what you think in the comments below. 337 00:09:56.308 --> 00:09:58.588 Do you want your next car to be V2G compatible? 338 00:09:58.860 --> 00:10:00.127 And for more videos like this, 339 00:10:00.127 --> 00:10:01.320 subscribe to our channel. 340 00:10:55.480 --> 00:10:57.480