Friday, September 18, 2020

Nuvve Connects Into Grid Balancing Efforts

San Diego-based green energy technology developer Nuvve, which is developing vehicle-to-grid load balancing technology, says it has started participating in California's wholesale energy markets, via an effort with the University of California San Diego. Nuvve said it has begun delivering power to San Diego Gas & Electric (SDG&E) and the electrical grid, using a large, stationary battery which is installed on the UC San Diego campus migrogrid. According to Nuvve, it has begun use the 5MWh lithium battery, originally designed to manage campus energy peaks, for bidding into wholesale energy markets. The company said that--because of the recent August 2020 heat wave--energy prices had spiked above $1,000 per megawatt hour, it was able to discharge its lithium battery during critical peak load periods, coordinating with campus utility staff. Nuvve said the move is similar to what it plans with its vehicle to grid technology, which aims to allow electric batteries in electric school buses and light duty vehicles to be aggregated together at a site, and can be used to provide power to the grid.

---