One perceived roadblock to widespread use of PHEVs has been the fear that millions of owners could crash the power grid by recharging at times of peak demand. In reality, says the MIT Technology Review, PHEVs "may actually help prevent brownouts, cut the cost of electricity, and increase the use of renewable energy."
According to a forthcoming report from the Pacific Northwestern National Laboratory (PNNL), a Department of Energy lab:
Utilities could thereby sell more power without the added cost of building more plants, while smart chargers and meters could optimize usage and rates by tracking demand in real time. Better yet, a SETI-style concept called "vehicle-to-grid" (V2G) would use millions of PHEV batteries as a buffer to smooth out supply and demand and increase grid stability.
As if that weren't enough, this buffering effect "would also improve the economics of wind power by making it possible to capture more of the excess power generated on windy days."
[Source: MIT Technology Review via AutoblogGreen]