The project is designed to determine the additional financial value of using the batteries on-board an electric vehicle when the car is parked at its home base. Fermata Energy’s V2X system has already demonstrated an ability to reduce the peak demand of buildings where it is installed. With this application and others, the value streams developed through this partnership could be significant for Roanoke Electric Cooperative’s member-owners, making the option to go electric more affordable while helping the utility use its grid more efficiently.
Curtis Wynn, CEO of Roanoke Electric Cooperative and President of the Board of the National Rural Electric Cooperatives Association (NRECA), underscored the project as one additional way to relieve the energy burden of its member-owners. “We are engaging our member-owners to make a rapid shift to a connected technology-driven future, filled with tremendous economic advantages and opportunities.”
Keep reading at Renewable Energy Magazine: https://www.renewableenergymagazine.com/electric_hybrid_vehicles/roanoke-electric-cooperative-to-pilot-vehicletogrid-technology-20201207