China will be able to install increasing volumes of wind and solar power over the coming decade and vastly reduce its curtailment problems by utilizing the batteries from the world’s largest fully electric vehicle (EV) fleet — which will reach almost 11 million EVs by 2027, according to analyst Fitch Solutions.
“China's surging EV segment will mean that the country will be able to scale up V2G [vehicle-to-grid] solutions before any other market, and at a scale unrivalled over the coming decade,” the company says in an analyst note.
