Abstract
Electric vehicle (EV) technology has revolutionized the transportation sector in the last few decades. The adoption of EVs, along with the advancement of smart grid technologies and Renewable Energy Sources (RES), has introduced new concepts in the automobile and power industries. Vehicle-Grid Integration (VGI) or Vehicle-to-Grid (V2G) is a technology revolutionizing both the transport and electric power sectors. From a V2G perspective, these sectors are complementary and mutually beneficial. For the power sector, mitigation of voltage and frequency excursions and the prospect of grid stabilization on the brink of uncertainties owing to the dynamics in the grid scenario are very important. This article focuses on various aspects of EV-power grid integration. The tremendous benefits of this technology, as presented in the literature, are reviewed. Furthermore, the concerns and the implementation challenges are reviewed in detail in this work.
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