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SYNOPSIS: Jon Wellinghoff, a commissioner at the Federal Energy Regulatory Commission, posted a query on Toyota's Open Road blog about the car's vehicle-to-grid capability, or V2G in green car geek talk, which would allow owners to be compensated for generating electricity.
Source: Business 2.0 Class: SYNDICATED NEWS FERC Official to Toyota: Why Not Plug Prius Into the Grid?
Thanks to Felix Kramer of the California Cars Initiative for tipping off
Green Wombat to an enlightening exchange between a Toyota executive and a U.S.
energy commissioner on the automaker's blog. The topic: plugging a plug-in
hybrid electric (PHEV) version of the Prius into the power grid to supply
electricity when demand peaks. Toyota (TM) corporate communications exec Irv
Miller wrote a post on July 26 about the company's move to supply plug-in
versions of the Prius to the University of California, Berkeley, and UC Irvine
for testing. In response, Jon Wellinghoff, a commissioner at the Federal Energy
Regulatory Commission, posted a query on Toyota's Open Road blog about the car's
vehicle-to-grid capability, or V2G in green car geek talk, which would allow
owners to be compensated for generating electricity. "Is Toyota planning on
incorporating this 'cashback' hybrid technology into the cars they produce for
testing?" asked Wellinghoff. "Studies have demonstrated that PHEV with
vehicle-to-grid capability can realize annual payments from electric grid
operators of between $1,000 to $3,000. These cashback payments could completely
offset the high cost of this technology. What is Toyota doing in this
regard?"
READ COMPLETE ARTICLE >>
In a lengthy reply posted less than a day later - warp speed for a multinational corporation dealing with a hot-button topic - Miller said Toyota's priority is to produce production-ready PHEVs rather than build mini power plants. "Our expertise is in building motor vehicles. It’s not in power generation," wrote Miller. "That’s something that we would prefer to leave to those best equipped to do it." Nevertheless, he went on to discuss the challenges of V2G. Among them:
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