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Electrification Is Poised to Turn School Buses Into Money-Making Arbitrage Assets

25 Aug 2022 | Abstracted from Tech Crunch

"When electricity demand surged..city's small fleet of electric school buses sprang to life, sending electricity stored in their massive batteries back into the grid to prevent brownouts and blackouts. So far, the buses have contributed 10 MWh of electricity on 30 separate occasions...

"There are nearly half a million school buses in the U.S., and many of them sit idle for more than 18 hours per day, a number that's even higher in summer."

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