
EVs: The Next Grid Battery for Renewables?
Excerpt below from article by Peter Behr originally posted on E&E News March 30, 2022.
EVs: The Next Grid Battery for Renewables?
Around noon on Fridays, as a yoga class heats up at a recreation center in Boulder, Colo., electricity flows in from a Nissan Leaf plugged in behind the facility, cutting the city’s utility bill by about $270 a month, or roughly what it costs to lease the car, Boulder official Matthew Lehrman says.
The results of this experiment are making a potent point about the nation’s clean energy future, demonstrating vehicle-to-building power supply for controlling electricity costs and extending the reach of wind and solar power, according to David Slutzky, founder and chief executive of Fermata Energy, developer of the software that manages the power transfer.
EVs — battery-driven and plug-in hybrids — are projected to grow from about 5 percent of the U.S. car market this year to 30 percent or even one-third by 2030, according to a number of estimates, assuming EV costs shrink and charging station numbers grow.
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About Fermata Energy
Park it. Plug it. Profit.TM Fermata Energy’s proprietary vehicle-to-everything (V2X) software platform and bidirectional chargers turn EVs into mobile energy storage assets, making it possible for EVs owners to combat climate change, increase energy resilience, and reduce energy costs. Learn more at www.fermataenergy.com, and follow us on Twitter (@FermataEnergy) and LinkedIn.