Strategic buying and selling of electricity based on price fluctuations in wholesale energy markets, using electric vehicle batteries as energy storage to capitalize on price differences.
Energy arbitrage involves charging during low-price periods (typically night hours) and discharging during high-price periods. Requires integration with day-ahead and intraday energy markets, weather forecasting, and battery management systems.
Fleet operators can reduce energy costs by up to 30% by charging when prices are low and participating in demand response programs. Particularly valuable for bus and truck fleets with predictable schedules.