THE VIRTUOUS LOOP:

Last month, a small warehouse in the English city of Nottingham received the crucial final components for a project that leverages the power of used EV batteries to create a new kind of circular economy.

Inside, city authorities have installed 40 two-way electric vehicle chargers that are connected to solar panels and a pioneering battery energy storage system, which will together power a number of on-site facilities and a fleet of 200 municipal vehicles while simultaneously helping to decarbonize the UK's electrical grid.

Each day Nottingham will send a combination of solar-generated energy -- and whatever is left in the vehicles after the day's use -- from its storage devices into the national grid.  The so-called "vehicle to grid" chargers deliver this energy just when it's needed most, during peak evening demand, when people are home cooking, using hot water or watching TV. Later, the same chargers pull energy from the grid to recharge the vehicles in the wee hours of the night, when folks are sleeping and electricity is cheaper and plentiful.

"We are trying to create a virtual power station," says Steve Cornes, Nottingham City Council's Technical Lead. "The solar power and battery storage will help us operate independently and outside of peak times, making our system more resilient and reducing stress on the national grid. We could even make a profit."

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