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News

Fermata Energy And Xcel Energy To Collaborate On Vehicle-To-Everything Bidirectional Charging Pilot Project

Author: Benzinga Newsdesk | May 20, 2024 11:01am

Balancing Grid Supply and Demand with Electric Vehicles in Boulder, Colorado

Fermata Energy, Xcel Energy, City of Boulder, Colorado CarShare and Boulder Housing Partners announced a collaborative Vehicle-to-Everything (V2X) bidirectional charging pilot project at Boulder Housing Partners' 30 Pearl development and the Molly's Spirits Lakeside facility. This innovative V2X pilot program transforms parked EVs into mobile power units, advancing grid resilience and reducing electric bill costs while supporting underserved communities and local businesses.

Posted In: XEL