Electric vehicles as a key element of flexibility in the energy transition
The V2Market project aims to incorporate the capacity of electric vehicle batteries as an element of flexibility in the electrical system through their integration into the electricity market, making proposals for new business models derived from the participation of consumers and electric vehicle fleets through V2G and V2B technologies.
The European project V2Market consortium is made up of the market operator, marketers and aggregators, public entities, and electric vehicle fleets that seek to harness new incentives for electric vehicle users when using V2G services.
OMIE as a manager of the trading platforms
As a Nominated Electricity Market Operator (NEMO), OMIE will provide knowledge about the operation and regulation of the electricity market. In addition, OMIE will make the new trading platforms of the new local markets and those for flexibility available to the project by providing price signals to owners or aggregators of electric vehicles who are looking to incorporate the V2G and V2B flexibility services into the new market models.
Other information of interest:
Project Website
Duration
From September 2021 to September 2024 (36 months).
Consortium
9 participants
Financing Entity
The project was funded by the European Union's Horizon 2020 Framework Program for Research and Innovation.
