New Hampshire Electric Cooperative to use Nuvve Holding’s EV to Grid technology

Dec. 10, 2021
Its V2G technology will facilitate the use of EV batteries as distributed energy resources to deliver added capacity to the grid and integrate renewables

Vehicle-to-grid (V2G) technology firm Nuvve Holding signed an agreement with the member-owned, not-for-profit New Hampshire Electric Cooperative (NHEC) to provide storage capabilities to the utility at a fixed annual fee.

Its V2G technology will facilitate the use of EV batteries as distributed energy resources to deliver added capacity to the grid and integrate renewables. It will help utilities manage the shifts in energy requirement. It can lower the bills for ratepayers.

 Nuvve CEO and Chairman Gregory Poilasne said that V2G technology has immense potential impact on utilities like NHEC.

 Brian Callnan, the NHEC's vice president of power resources and access, agreed and explained, “Helping to electrify our members' transportation needs with a more efficient and cleaner technology while providing much-needed services to our distribution grid is a win-win for all our members.”

 V2G has received a lot of attention in the recent months. The U.S. Senate is considering funding in the $1.2 trillion Infrastructure and Jobs Act and Build Back Better Framework. Lawmakers are aware of the need to invest in technology, which can help reduce stress on the grid caused by additional demand from EVs. Meanwhile, utilities have started to realize the benefits of V2G for stakeholders and communities.