February 12, 2018 / 10:56 AM / in 5 days

Britain funds vehicle-to-grid power-sharing research with $41.5 mln

OSLO, Feb 12 (Reuters) -

* British government says will fund research for vehicle-to-grid (V2G) technologies that will help electric vehicles to power households

* Says funding reaches almost 30 million pounds ($41.5 million)

* The funding has been awarded to 21 V2G projects to pay for research, design and development

* The schemes, including an EDF Energy project, will demonstrate how energy from electric vehicle batteries can be stored by the electricity system during peak hours, before being recharged off-peak back into vehicle batteries (Reporting by Lefteris Karagiannopoulos; Editing by Dale Hudson)

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