This innovative V2X pilot program, at Boulder Housing Partners’ 30 Pearl development and the Molly's Spirits Lakeside facility, transforms parked EVs into mobile power units, advancing grid resilience and reducing electric bill costs while supporting underserved communities and local businesses.

Fermata Energy's intelligent bidirectional charging platform paired with four FE-20 chargers and two of Colorado CarShare’s Nissan Leafs will showcase V2X and Vehicle-to-Building (V2B) technology's untapped potential.

When an electric vehicle is parked and in V2X mode, the Fermata Energy platform leverages the vehicle’s battery energy to offset and lower the building’s peak demand. Fermata Energy’s Demand Charge Management (DCM) software intelligence manages the total system power and energy via charge rate, frequency and depth while intelligently preserving the vehicle's battery health. This technology is designed to optimise customer value by curtailing building peak demand at the same time preserving needed range for the expected electric vehicle duty cycle.

"We're on the cusp of a transformative era in energy management, where electric vehicles transcend their traditional transportation roles to become pivotal in increasing grid resilience and sustainability," Tony Posawatz, CEO of Fermata Energy, stated. "This collaboration with Xcel Energy is more than a project; it's a blueprint for an attainable global renewable energy ecosystem.”