Will Vehicles of the Future Supply Power to the Grid?

What if millions of cars and trucks had a two-way relationship with the power grid?

Alternantive Energy News.info reports:

"How about a vehicle that not only draws energy from an electric grid but also gives it back when there is surplus or unused energy in the vehicle? This is exactly the kind of car being developed by Willett Kempton, a renewable-energy professor at the University of Delaware.

This is a great concept, especially when 95% of the time the vehicles are just standing and their batteries remain unused. While it’s not being driven, an electric-drive motor vehicle can be plugged into a nearby grid and that grid can receive energy from the vehicle. When the battery needs to be charged it can be quickly done by drawing energy from the grid. According to some claims this can provide a utility value of $4000 per year to a vehicle owner." See full article.