Texas HB3511 allows electric vehicles to participate in the ERCOT market and be compensated for their stored electricity.

HB3511 amends the Texas Utilities Code to facilitate the interconnection of electric vehicles to the ERCOT power grid. The bill allows electric vehicles to participate in ERCOT market mechanisms, including ancillary services, Virtual Power Plants (VPPs), and Aggregated Distributed Energy Resource (ADER) programs. It also permits electric utilities or retail electric providers to contract with electric vehicle owners to sell stored electricity to the transmission grid and distribution system, with the value credited to the vehicle owner.

Texas HB3511 allows electric vehicles to participate in the ERCOT market and be compensated for their stored electricity.

HB3511 amends the Texas Utilities Code to facilitate the interconnection of electric vehicles to the ERCOT power grid. The bill allows electric vehicles to participate in ERCOT market mechanisms, including ancillary services, Virtual Power Plants (VPPs), and Aggregated Distributed Energy Resource (ADER) programs. It also permits electric utilities or retail electric providers to contract with electric vehicle owners to sell stored electricity to the transmission grid and distribution system, with the value credited to the vehicle owner.