Practical Experiences and Insights from Vehicle-to-Grid Interaction in Shandong Province

A recent viewpoint article by The Regulatory Assistance Project (RAP) focuses on Shandong Province's policy and practical explorations in vehicle-to-grid (V2G) interaction. The article discusses how, through price mechanism reforms and market design, new energy vehicles can be transformed into flexible resources for the power system. It outlines Shandong's recent pilot policies, including the electricity discharge pricing mechanism, time-of-use electricity pricing for residential charging stations, and market price incentives in the spot market. The article also offers recommendations for further improving compensation mechanisms, optimizing market signals, strengthening grid planning, and increasing residential participation, all aimed at promoting the nationwide expansion and low-carbon transformation of vehicle-to-grid interaction.