Parked electric cars earn USD 1,530 feeding power grids in Europe

When electric car owners are not driving, they can park the vehicles and feed excess power back into the grid. They can earn money while doing so, and trials in Denmark showed how the car batteries could help balance supply and demand.
Photo: /ritzau/Jacob Ehrbahn
Photo: /ritzau/Jacob Ehrbahn
BY JESSICA SHANKLEMAN, BLOOMBERG

Electric car owners are earning as much as USD 1,530 a year just by parking their vehicle and feeding excess power back into the grid.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading