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Virtual Power Plants & V2B in Boulder, Colorado

Excerpt below from article by Ken Silverstein originally posted on Environment + Energy Leader April 8, 2022.

Why Vehicle-to-Building and Virtual Power Plants Could Beef-Up Commercial Operations

The city of Boulder, Colorado, is trying out a vehicle-to-building technology, which takes electricity from electric vehicles and feeds that into buildings. The same concept is in use now, which takes power from those EVs and sends it to the grid. Any distributed asset, generally, can do the same. The formal name for the assets — if used collectively — is called a “virtual power plant.” 

As for Boulder, it is partnering with Fermata Energy to test the ability to reduce the city’s building energy costs with an innovative pilot at its recreation center. When most of us think of an electric charger, we envision a charging station pumping energy into a car. But Fermata has a bidirectional charging system that also channels power from cars to buildings. 

“Our technology is designed to assist EV owners in saving money, generating revenue, and reducing energy costs,” said David Slutzky, chief executive of Fermata Energy. “We look forward to supporting the city’s efforts to transition to electric vehicles in addition to leveraging EVs to help the city increase its energy resilience and save money with increased EV use.”

Read this article in its entirety on Environment + Energy Leader.

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.

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