Nissan announced at the 85th Geneva International Motor Show its involvement in a mass-market vehicle-to-grid (V2G) system.

Teaming-up with Endesa, an Enel Group subsidiary, for this initiative, Nissan will participate in a full demonstration of the market-ready and low cost system in Madrid on March 12, 2015.

The automaker stated it is now releasing the full potential of electric vehicle (EV) batteries with the Endesa two-way charging technology. It’s all part of Nissan’s commitment to support the entire EV ecosystem, not just the car.

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This V2G technology will allow two-way charging, meaning the car can take electricity from the grid when needed, but also return some accumulated energy from the batteries to the grid on other occasions. This will allow customers to reduce costs by selling power from electric vehicle batteries to the grid.

As per the press release sent out by both companies, the two companies have agreed to collaborate on the following activities:

  • Introduction of V2G services in the European market;
  • Exploring the use of ‘second life’ EV batteries for stationary applications (including households, buildings, grid);
  • Designing and evaluating potential affordable energy and mobility pack offers.

“We believe this innovation represents a significant development for Nissan Leaf and e-NV200 customers,” said Paul Willcox, Chairman of Nissan Europe. “Every Nissan electric vehicle battery contains a power storage capability that will prove useful in contributing towards smarter and responsible management of the power demand & supply of local power grids, thus reducing our EV total cost of ownership. Not only does this represent an opportunity for Nissan’s EV private and fleet owners, it could also support grid stability and fully demonstrate that each Nissan EV represents a tangible social asset.”