Saturday, January 28, 2023
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Blockchain

Canadian Electric Vehicle-To-Grid Project Uses Blockchain

by Crypto News
November 11, 2021
in Blockchain
0
Canadian Electric Vehicle-To-Grid Project Uses Blockchain
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Electrical autos have a number of advantages that gas-powered ones don’t. To call just some, they’ve zero direct poisonous emissions, they produce little or no highway noise, they’ve fewer shifting elements that want substitute or repairs, and in some instances their batteries might be re-purposed for second life use in stationary vitality storage merchandise. One other benefit is vehicle-to-grid know-how (V2G), which permits plugged-in EVs to attract electrical energy from the grid they usually may ship it again.

In Canada, a V2G challenge is utilizing a Nissan Leaf related to a know-how platform created by SWTCH that enables electrical energy to stream from the Leaf’s battery to a multi-tenant constructing. SWTCH’s CEO, Carter Li, answered some questions in regards to the challenge for CleanTechnica.

Why is the SWTCH blockchain-based, EV-to-Constructing pilot being carried out?

The three-year pilot demonstrates how industrial and multi-family constructing operators can accommodate the rising demand for EV charging stations whereas concurrently enhancing the constructing’s vitality effectivity and decreasing constructing operational prices. Leveraging SWTCH’s bidirectional, vehicle-to-grid (V2G) charging know-how, our pilot will discover viability of vehicle-to-grid charging know-how in high-density multi-tenant buildings to retailer vitality utilizing EVs throughout off-peak hours and redistribute that vitality to the constructing and different uni-directional EV chargers throughout on-peak hours. The know-how and mannequin developed by SWTCH is exclusive because it features a monetary incentive construction for EV homeowners to take part in this system which leverages blockchain know-how. The SWTCH platform tracks when vitality is being discharged from an EVs battery and when it’s being charged, making a historical past of credit and debits securely managed by way of a third-party distributed ledger system that contributors can monitor utilizing their smartphones.

What are the pilot challenge targets?

The clear vitality pilot goals to enhance the electrical car (EV) charging entry in high-density buildings by addressing the limitations to deploying EV charging infrastructure throughout the constructed atmosphere by creating an vitality distribution enterprise mannequin that advantages each constructing operators and EV homeowners. As electrical autos achieve recognition and adoption, the query of learn how to accommodate an increase in EV charging infrastructure with out further pressure on constructing electrical infrastructure and {the electrical} grid turns into more and more related. Automobile-to-grid know-how permits buildings to attract vitality from EVs throughout on-peak hours fairly than the grid. In the course of the pilot, the V2G-enabled EVs will retailer vitality throughout off-peak hours and redistribute that vitality to the constructing and the EV chargers in use, creating an vitality stream that’s cost-effective and environmentally sustainable. The challenge additionally employs bi-directional V2G DCFC charging stations, good unidirectional Stage 2 AC charging stations, and stationary battery vitality storage methods as distribute vitality useful resource belongings for demand response, peak shaving, and peer-to-peer vitality buying and selling functions.

Picture credit score: IBI Group


What are the potential advantages of utilizing V2G know-how for EV homeowners and for constructing homeowners?

V2G and vitality storage applied sciences might present a low-cost different to ramping up costly, carbon-intense technology within the face of accelerating demand from EVs. Constructing load administration and demand response (DR) might handle the pace at which vehicles cost to mitigate their peak demand impression, and the identical know-how might allow V2G utilizing EV batteries to cut back demand peaks in the course of the occasions when EVs go unused and the grid is strained. V2G may even present the extra grid-critical sources for major and secondary frequency management in addition to assist grid operators higher handle line constraints and forecast demand. Moreover, implementation of demand response applied sciences will present an economical answer to managing elevated vitality demand from localized, high-density deployments of EVSE. Lastly, our challenge’s open requirements method to demand response and distributed vitality useful resource aggregation will enhance penetration of EVSE and DER belongings within the energy grid, alleviate constraints on distribution networks from localized, high-density deployment of EV charging infrastructure, and permit vitality storage items to answer real-time particular person EV charging demand.

Why was a Nissan Leaf chosen for the pilot fairly than a unique type of EV?

At the moment, solely CHAdeMO-port primarily based EVs are able to V2G out of the field. Because the Nissan Leaf is probably the most prevalent CHAdeMO-based light-duty passenger car on the North American market right now, we chosen it as a result of it was probably the most commonplace consultant of a V2G-enabled light-duty passenger EV.

How will you establish if the pilot is a hit or not, and the way will you share the outcomes?

The general goal is to display that EV charging stations and bi-directional EV vitality storage methods might be aggregated and optimized utilizing blockchain-technologies as DER belongings to answer market generated location and time particular worth indicators. DER belongings can be optimally aggregated and managed to supply price mitigating instruments for LDCs and charger suppliers to answer worth indicators and scale back peak masses. Challenge plans to efficiently scale back every day peak load by as much as 25% by way of EV charging operation optimization utilizing V2G, battery vitality storage, and DER aggregation applied sciences. Challenge goals to additionally scale back EV charging transaction prices by as much as 50% per transaction by way of a blockchain-enabled pockets fee system. Challenge outcomes can be shared at EV business conferences, commerce reveals, on-line publications, and white papers.

Picture credit score: IBI Group


If the pilot is profitable, will the EV to constructing know-how be expanded to extra EVs and extra buildings?

Sure, by way of our partnership with IBI Group and Slate Asset Administration, as a part of the Good Metropolis Sandbox initiative, we plan to increase our know-how to high-density industrial buildings throughout North America. The mission of the Good Metropolis Sandbox has at all times been to domesticate the subsequent technology of good buildings and infrastructure by bringing collectively established market leaders with modern know-how startups to develop applied sciences that enhance effectivity, the atmosphere, and citizen engagement. We consider the pilot embodies all tenets of this mission by permitting EV homeowners to take part in an modern answer that helps decarbonization and promotes sustainability in our cities.


 

Respect CleanTechnica’s originality? Think about turning into a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.


 


 


Commercial



 


Have a tip for CleanTechnica, wish to promote, or wish to recommend a visitor for our CleanTech Speak podcast? Contact us here.





Source link

Related articles

Shift To DeFi "Wishful Thinking:" True Value Of Blockchain Is Elsewhere | Crowdfund Insider – Crowdfund Insider

November 28, 2022
5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

November 28, 2022
Share76Tweet47

Related Posts

Shift To DeFi "Wishful Thinking:" True Value Of Blockchain Is Elsewhere | Crowdfund Insider – Crowdfund Insider

by Crypto News
November 28, 2022
0

Shift To DeFi "Wishful Thinking:" True Value Of Blockchain Is Elsewhere | Crowdfund Insider  Crowdfund Insider Source link

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future – CoinChapter

by Crypto News
November 28, 2022
0

5 Examples Of How Blockchain Could Transform The Casino Industry In The Future  CoinChapter Source link

Line shuts down crypto exchange to focus on blockchain and LN token

Line shuts down crypto exchange to focus on blockchain and LN token

by Crypto News
November 28, 2022
0

The Japanese messaging big Line has determined to close down its cryptocurrency alternate enterprise amid the continuing crypto winter.Line-owned...

Blockchain In Edutech Market Top Key Players, Latest Trends, Regional Insights 2026

by Crypto News
November 28, 2022
0

Blockchain technology market is a distributed system that data and shops transactional data. Extra particularly, blockchain know-how is a...

Cosmos-Based L1 Blockchain Onomy Raised $10M

Cosmos-Based L1 Blockchain Onomy Raised $10M

by Crypto News
November 28, 2022
0

Regardless of the extended bearish cryptocurrency market, Onomy has accomplished a $10 million funding spherical because it nears launch....

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

Pro-Crypto Candidates Seek an Easier Way to Accept Bitcoin, Altcoins

October 22, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
Cryptocurrency Bitcoin Drawing | Bitcoin | crypto Trading | Bitcoin Share | Online Bitcoin

Cryptocurrency Bitcoin Drawing | Bitcoin | crypto Trading | Bitcoin Share | Online Bitcoin

January 28, 2023
Cardano Showing STRONG BEARISH Sentiment | DROP to $0.33? #shorts

Cardano Showing STRONG BEARISH Sentiment | DROP to $0.33? #shorts

January 28, 2023
Ripple XRP CEO Brad Garlinghouse updates case with SEC

Ripple XRP CEO Brad Garlinghouse updates case with SEC

January 27, 2023
Cryptos going to zero 💀 #crypto #bitcoin #ethereum #shorts

Cryptos going to zero 💀 #crypto #bitcoin #ethereum #shorts

January 27, 2023

Recent News

Cryptocurrency Bitcoin Drawing | Bitcoin | crypto Trading | Bitcoin Share | Online Bitcoin

Cryptocurrency Bitcoin Drawing | Bitcoin | crypto Trading | Bitcoin Share | Online Bitcoin

January 28, 2023
Cardano Showing STRONG BEARISH Sentiment | DROP to $0.33? #shorts

Cardano Showing STRONG BEARISH Sentiment | DROP to $0.33? #shorts

January 28, 2023

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News