Featured

Pacific Gas and Electric Company and Ford Motor Company Collaborate on Bidirectional Electric Vehicle Charging Technology in Customers’ Homes

HORIZON TECHNOLOGY FINANCE CORP : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)
Written by Publishing Team

Pacific Gas and Electric Company and Ford Motor Company announced a collaboration exploring how Ford’s new F-150 Lightning electric vehicle (EV)—the first commercially available light-duty truck with bidirectional charging technology—can interact with the electric grid and provide electric reliability benefits to PG&E customers. One in five EVs in the country are on the road in PG&E’s service area of ​​Northern and Central California, where customers are often early adopters of new clean energy technologies. PG&E and Ford will test the F-150 Lightning and its Intelligent Backup Power bidirectional charging capabilities in providing backup power for customers’ homes in PG&E’s service area. Intelligent Backup Power, making its debut on the F-150 Lightning, gives customers the ability to use bidirectional power technology from their all-electric truck to provide up to 10 days of power to their homes during an outage, depending on home energy usage. The first installations of Ford’s Intelligent Backup Power are beginning in spring 2022, supported by Sunrun as Ford’s preferred installation partner. Through this early adopter opportunity, PG&E will explore how Ford’s Intelligent Backup Power technology interconnects to the electric grid, which is necessary for the truck’s battery to power the home, and how it can support customer resiliency during grid outages. Additionally, PG&E expects to learn more about the overall customer experience to help inform future collaborations as this emerging technology becomes more readily available. While EVs already provide customers with cleaner air and reduced maintenance costs, among other benefits, testing emerging technologies to optimize EV integration with the electric grid could provide further value to all PG&E customers. Beyond the initial deployment with a small number of customers’ homes, PG&E and Ford plan to explore additional use cases and potential for bidirectional charging technology in support of PG&E customers and the grid.

.

About the author

Publishing Team