Mitsubishi Motors has smashed through another barrier by gaining the green light from SA Power Networks to export power from its electric vehicles back into the grid. This approval marks a significant milestone as it allows Mitsubishi plug-in hybrid cars like the Outlander and Eclipse Cross to leverage their vehicle-to-grid (V2G) technology for monetary gains.
What?
The approval from SA Power Networks makes Mitsubishi the first car manufacturer in Australia to win widespread deployment approval for its V2G bi-directional technology. Collaborating with Australian EV charging company Jet Charge, the company’s efforts to integrate bi-directional charging technology are rapidly evolving.
Why does it matter?
The technology enables Mitsubishi PHEV owners to export power from their vehicles into the grid, significantly enhancing the versatility of Outlander and Eclipse Cross PHEVs. With the potential to earn income up to $2,000 a year, V2G technology not only benefits individual car owners but also contributes to grid stability, congestion management, and renewable energy deployment.
Tim Clarke, the eMobility manager at Mitsubishi Australia, emphasized that as the V2G landscape matures, Mitsubishi PHEV owners will be well-positioned to benefit and play a pivotal role in reducing CO2 emissions across transport and the grid. While currently restricted to CHAdeMO technology for V2G trials in Australia, there are expectations that CCS2 technology will soon be integrated to cater to the growing demand for V2G compatibility.
How is it going to shape the future?
As V2G technology gains momentum in adapting to changing market demands, the potential for Mitsubishi PHEV owners to actively participate in grid services and energy trading presents a promising outlook. With V2G expected to become more widespread by late 2024, the anticipation for the arrival of CCS2 compatible V2G vehicles in Australia is high, reflecting a significant shift in how vehicles can contribute to shaping a more sustainable and energy-efficient future.
Giles Parkinson, founder and editor of The Driven, highlighted the immense potential for V2G technology in Australia, despite current limitations such as pricing and technology compatibility constraints. The imminent arrival of V2G technology compatible with CCS2 vehicles is set to unlock pent-up demand and revolutionize how electric vehicles can be utilized to enhance energy efficiency and grid stability.
