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Turning electric vehicles into profitable virtual power plants

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Published on Dec 18, 2015

Prof. Wolf Ketter and PhD candidate Micha Kahlen developed a software algorithm that can pool batteries in rental electric vehicles (EV’s) together and turn them into ‘virtual power plants’ that can store electricity at peak production times and sell back when the price is right. Here’s how fleet operators can make an additional profit from running such a virtual power plant.

Read more about the research on RSM Discovery: http://bit.ly/1RWIAQm

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