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Posted Thu Oct 2 2008: from University of Michigan:
Scientists explore putting electric cars on a two-way power street http://apocadocs.com/s.pl?1222968238
Think of it as the end of cars’ slacker days: No more sitting idle for hours in parking lots or garages racking up payments, but instead earning their keep by providing power to the electricity grid. Scientists at the University of Michigan, using a $2 million grant from the National Science Foundation (NSF), are exploring plug-in hybrid electric vehicles (PHEV) that not only use grid electricity to meet their power needs, but return it to the grid, earning money for the owner.... The concept, called vehicle-to-grid (V2G) integration, is part of a larger effort to embrace large-scale changes that are needed to improve the sustainability and resilience of the transportation and electric power infrastructures. If V2G integration succeeds, it will enable the grid to utilize PHEV batteries for storing excess renewable energy from wind and the sun, releasing this energy to grid customers when needed, such as during peak hours.
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'Doc Michael says:
Distributed batteries for the grid. Nice!
This is not unlike NASA's "SETI @ home" project -- using the available cycles of any computer set up to share. Imagine, the electric grid using millions, even billions, of distributed batteries, so that anything with a rechargable battery was always plugged in ready to go, and was also always helping retain the wind, solar, wave, and geologic energy, produced when the wind, sun, tide, or geysers were optimally producing. Now that's recovery.

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