| Summary: | This article explores the promising potential of vehicle-to-grid (V2G) technology, which has attracted considerable interest due to its capacity to enhance power grid stability, decrease carbon emissions, and boost renewable energy utilization. The study begins by examining recent developments in V2G technology, then proceeds to discuss the challenges associated with integrating V2G into the power grid, and finally presents strategies to improve grid stability. Despite the potential of V2G technology, certain challenges must be addressed, including grid stress, complexities in load management, and grid imbalances. The article outlines various strategies to improve power grid stability, such as smart energy metering, time-of-use (TOU) schemes, rolling prediction decision frameworks, and an array of control approaches. Additionally, the research highlights the application of machine learning algorithms for efficient EV scheduling and power control units, voltage stabilization systems, and energy management units to ensure grid reliability. Future research should focus on developing scalable infrastructure solutions, establishing universal standards, designing optimization algorithms, and devising strategies to enhance battery life, to facilitate efficient V2G integration. © 2023 Institute of Physics Publishing. All rights reserved.
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