New electric car pays for itself

[Robb]

New electric car pays for itself

A new concept vehicle earns money for its driver instead of guzzling it up in gasoline and maintenance costs.

THE GIST:
• A converted Scion is the first electric car to be linked to the power grid.
• The car utilizes vehicle-to-grid (V2G) technology, which uses electricity and gas to store energy and feed it back into the grid.
• V2G is still a new concept, but it is gaining ground in the U.S. and Europe.

U.S. researchers unveiled a vehicle Thursday that earns money for its driver instead of guzzling it up in gasoline and maintenance costs.

The converted Toyota Scion xB, shown at the annual meeting of the American Association for the Advancement of Science here, is the first electric car to be linked to a power grid and serve as a cash cow.

"This is the first vehicle that's ever been paid to participate in the grid -- the first proof of concept vehicle," Ken Huber, who oversees technological development at wholesale electricity coordinator PJM Interconnection, told AFP.

The presentation of the box-like, unassuming looking Scion was the researchers' way of introducing the "vehicle-to-grid" (V2G) concept as it begins to gain momentum in the United States and around the world....

[upi402]

1. Fund PJM Interconnection, not General Motors, Citi, BofA et al

Great to see this!

[upi402]

2. Tiger Woods mistress found nude in a VG2

j/k

kick:evilgrin:

[Robb]

7. I know, right?

:rofl:

I think this is a fantastic notion. Great stuff.

[jtuck004]

3. Is a Toyota that never stops the answer to perpetual motion? n/t

[Robb]

4. Kick. Nt

[Kip Humphrey]

5. Must have one loooooooooooooooong extension cord!

[Kip Humphrey]

6. dupe

[azul]

8. Vampire elecctric car

On September 21, 2009, Delaware's Governor Jack A. Markell signed Senate Bill 153 (left photo), making it law.
DSC_3936
The bill, which is the first of its kind in the world, requires electric utilities to compensate owners of electric cars for electricity sent back to the grid at the same rate they pay for electricity to charge the battery.
DSC_3937_2
The event was held at AutoPort Inc. near the Port of Wilmington, where that same day, the first electric car built in Delaware, and the first car ever with complete V2G controls built-in from the factory, rolled off the line (see regional economy). For more information see SB 153 and the UDaily Press Release. EV World Insider described this law as “...the most progressive piece of electric vehicle-focused legislation to date.” The article is available here with permission from the editor. See “Delaware Smart” on page 4 of EV World Update. ((c) 2009 EVWorld.com, Posted with permission)

http://www.udel.edu/V2G/