The Alliance Center, a Denver, Colorado, nonprofit that models innovative green building technologies, is installing a Fermata Energy bidirectional charger with demand-peak predictive software to reduce energy costs while tackling climate change.
“Through our system of bidirectional charger married with our proprietary V2X software system, we make it possible for electric vehicles to combat climate change, increase energy resilience and reduce energy costs,” said David Slutzky, founder and CEO of Fermata Energy in Charlottesville, Virginia.
Fermata Energy designs, supplies and operates technology that integrates electric vehicles (EVs) with buildings and the electricity grid in order to use vehicles as energy storage assets and capture their value streams to combat climate change, increase energy resilience and reduce energy costs. The company’s bidirectional EV chargers and V2X software can provide vehicle-to-grid, vehicle-to-building and vehicle-to-home communications.
“Based on the outcomes of previous demonstration projects and commercial deployments, the value streams from this partnership could add thousands of dollars to the value of an EV over its useful life. This will make the option of going electric more affordable for drivers and having more V2B chargers deployed will enable building owners to save on energy costs,” Slutzky said.
The charger will be installed in the first quarter of 2021.
Separately, Fermata Energy also is partnering with the City of Boulder to reduce energy costs at the North Boulder Recreation Center with its bidirectional charger.
Fermata Energy’s bidirectional charging system for EVs allows vehicle batteries to transfer energy from the battery back to a commercial building in order to support the building’s electric loads.
In the pilot, Boulder will connect one of its electric vehicles to the V2B charging system, which also connects to the recreation center’s electricity system. Fermata Energy will continuously monitor the recreation center’s electrical loads. The city will have access to this information, and data will be shared via the project website at www.bouldercolorado.gov/evinnovation.