Jiangsu Implements Vehicle-to-Grid (V2G) Discharge Pricing Standards

NANJING,China,Aug. 28, 2025/PRNewswire/ -- OnAugust 26, 2025, State Grid Jiangsu Electric Power Co., Ltd. announced thatJiangsu Provincehas formally adopted a pricing framework for electric vehicles (EVs) participating in the vehicle-to-grid (V2G) interaction program, further supporting the large-scale, commercial rollout of the bidirectional charging technology.

V2G programs allow EVs to charge and store energy when system demand is low and discharge power back to the grid during peak hours or when reliability needs arise. This positions EVs as mobile, distributed energy storage resources that help strengthen grid operations.

InApril 2025, the National Development and Reform Commission and three other ministries issued guidance naming the first group of large-scale V2G pilot projects.Jiangsu Provincewas selected as a pilot region, with initiatives including a decentralized V2G pilot inChangzhou, the all-scenario"Ningdiantong"V2G pilot inNanjing, and a comprehensive pilot in Wuxi that integrates generation, grid, load, and storage resources.

To enable customer participation, the Jiangsu Provincial Development and Reform Commission recently introduced new electricity pricing policies for V2G discharge. Both public and residential facilities in the pilot projects can deliver power back to the grid at competitive rates. For example, using the proxy purchasing rate for commercial and industrial customers of State Grid Jiangsu Electric Power inAugust 2025as a reference, peak-period discharge prices can exceed1.22 yuan(approximatelyUS$0.17) per kWh. Residential participants, based on peak-to-off-peak price differentials, may receive around0.85 yuanper kWh.

According to Liu Lingyan, Assistant General Manager of State Grid Changzhou Power Supply Company, a residential customer discharging 14 kWh per day, while maintaining sufficient energy for daily travel, could generate approximately4,700 yuanannually in gross revenue over 300 days of operation. After accounting for charging costs, the estimated annual net benefit would be close to3,000 yuan.

View original content:https://www.prnewswire.com/apac/news-releases/jiangsu-implements-vehicle-to-grid-v2g-discharge-pricing-standards-302540848.html

SOURCE State Grid Jiangsu Electric Power