Why vehicle-to-grid technology is becoming critical to utilities and local governments climate and cost-saving strategy

Colorado Governor Jared Polis set a goal to have 940,000 electric cars in Colorado by 2030. Xcel Energy, Colorado’s largest electric utility, recently unveiled a $100 million plan to drive more electric transportation and produce carbon-free electricity by 2050. 

For the state and utility to be prosperous, massive battery storage is needed to scale. They can do that through the use of vehicle-to-grid equipped electric vehicles and the V2G system to help transfer the power from the vehicle to the building.

The City of Boulder announced yesterday that it is working with Fermata Energy, a clean technology company based in Charlottesville, VA, to test the ability to use an electric vehicle to dispatch power directly to the building it is connected to, in this case, the North Boulder Recreation Center.

Fermata Energy’s V2G System has already proven to save building owners money, and with cities and counties struggling to not only secure additional funding amidst the pandemic, but also on how to meet net-zero emission goals, this system will save the city of Boulder money and help the city reevaluates its energy use more efficiently. 

Earlier this week, Fermata announced a new partnership with the Roanoke Electric Cooperative took steps to make their grid more resilient by piloting Fermata’s V2X system and yesterday Green Mountain Power became the first utility to use stored energy from an electric vehicle’s battery to help reduce peak demand on the grid. Last week, Bigelow Tea announced that they were now using V2X technology to offset their energy use and reduce their carbon footprint.

You can find more details in the City of Boulder’s news release.

Daniel Cherrin

DANIEL CHERRIN |served the City of Detroit as its Communications Director and the Press Secretary to Detroit Mayor, Ken Cockrel, Jr. He is a public relations + affairs specialist who just happens to be a lawyer, with 20 years of experience providing senior public relations and government relations’ counsel to organizations on state and federal regulatory and legislative matters, as well as issues affecting corporate and individual reputation, crisis management and the media. Daniel is the founder of NORTH COAST STRATEGIES (Est. 2005) an independent public relations consultancy that combines the best of a big agency with hands-on executive-level experience and support. As a signatory company to the United Nations Global Compact, we are dedicated to addressing issues around human rights, labor, the environment, and anti-corruption. We are also focused on redefining your brand and changing the conversation to create an impact.