page 5 • Renewable Energy Curtailment: When excess solar or wind energy cannot be used or stored, leading to wasted generation. VGI can help by charging EVs when renewables are abundant. • RIO (Regional Investment Optimization Model): A macro-energy supply model that determines least-cost investment and operation plans across electricity, fuels, and storage while optimizing for emissions reductions. • Smart Charging (V1G): A one-way charging method that schedules EV charging based on grid conditions, electricity prices, or renewable energy availability to reduce costs and support grid stability. • State of Charge (SoC): The battery charge level of an EV, expressed as a percentage of its total capacity. • Time-of-Use (TOU) Rates: A pricing structure where electricity costs vary depending on the time of day, encouraging users to charge EVs during off-peak hours when energy is cheaper. • Vehicle-Grid Integration (VGI): A broad term for technologies and strategies that allow electric vehicles (EVs) to interact with the grid, optimizing charging and potentially discharging power back to the grid. • Vehicle-to-Grid (V2G): A two-way charging technology where EVs not only charge from the grid but can also discharge power back to support grid stability and reduce system costs. • Vehicle-to-Home (V2H) / Vehicle-to-Building (V2B): The ability of EVs to provide backup power to homes or buildings, improving resilience during outages. Glossary of key terms
Exploring the Value of Vehicle to Grid (V2G) for California Page 4 Page 6