Nuvve Holding Corp. Partners with ComEd and Resource Innovations to Launch V2G Pilot Program
In a significant advancement for electric vehicle (EV) technology and clean transportation, Nuvve Holding Corp. (Nasdaq: NVVE) has announced a strategic partnership with ComEd and Resource Innovations to launch a pilot program aimed at exploring the benefits of bidirectional charging technology using electric school buses. This initiative, which will operate through the end of Q4 2025, is set to take place in ComEd's service area, which serves over 4.3 million customers across northern Illinois.
1. A New Frontier in Electric School Buses
The pilot program is designed to assess the environmental, societal, and grid impacts of integrating vehicle-to-grid (V2G) technology into the operations of electric school buses. This innovative approach allows for the energy stored in the buses' batteries to be used to enhance grid stability and reduce energy costs during peak demand periods.
Hamza Lemsaddek, Vice President of Technology and Astrea AI at Nuvve, emphasized the potential of V2G technology, stating, “Nuvve’s cutting-edge V2G technology transforms electric vehicles into reliable, dispatchable, and monetizable mobile energy storage assets.” He further expressed excitement about the pilot's role in evaluating the value that electric school buses can provide to ComEd and its customer base.
2. Collaborative Efforts with Local School Districts
The pilot is expected to involve three school districts that are already customers of Nuvve within ComEd's service area. By studying how to harness energy from the batteries of electric school buses, the partnership aims to bolster energy efficiency for both the school districts and the surrounding communities.
Scott Vogt, Vice President of Strategy and Energy Policy for ComEd, shared his enthusiasm for the project, stating, “ComEd is excited to launch the Vehicle-to-Grid pilot program in 2025 as we continue with our mission of delivering best-in-class reliability and customer solutions to advance the equitable adoption of EVs here in northern Illinois.” He noted the initiative’s alignment with the company’s broader goals of reducing emissions and upgrading fleets in a cost-effective manner.
3. Supporting Illinois’ Clean Energy Goals
ComEd's V2G pilot program is part of the company’s Beneficial Electrification investments, which include various customer rebate and education programs. These efforts are critical in meeting the growing demand for electric vehicles and their infrastructure. ComEd has already facilitated the installation of 3,500 EV charging ports and the addition of 200 EV fleet vehicles, including numerous school buses, since the launch of its EV programs.
These initiatives align with the state of Illinois’ Climate and Equitable Jobs Act (CEJA), which aims to have 1 million electric vehicles on the roads by 2030. Presently, there are over 126,000 registered EVs in Illinois, more than double the number reported in 2022.
4. Resource Innovations: A Key Partner
Resource Innovations, a women-led energy transformation firm, is also playing a pivotal role in this collaboration. Kelly Helfrich, Vice President of the Transportation Electrification Practice at Resource Innovations, highlighted the importance of this partnership by stating, “This three-way collaboration exemplifies our commitment to innovative, forward-thinking solutions that address today’s energy challenges while preparing for a more resilient and sustainable future.”
5. Conclusion: A Step Towards Sustainable Transportation
The pilot program launched by Nuvve, ComEd, and Resource Innovations represents a critical step forward in advancing clean energy solutions and reimagining the role of electric vehicles in grid management. By integrating V2G technology, this initiative not only aims to enhance the efficiency of local energy systems but also seeks to provide tangible environmental and economic benefits to communities.
For more information about the pilot program, interested parties can visit ComEd’s Innovation Hub.
About Nuvve Holding Corp.
Founded in 2010 and headquartered in San Diego, California, Nuvve Holding Corp. has deployed vehicle-to-grid technology across five continents, providing electrification solutions for various fleet types. The company is committed to transforming electric vehicles into mobile energy storage assets and supporting the transition to clean energy globally.
About ComEd
ComEd, a unit of Exelon Corporation, serves as a critical energy provider for northern Illinois, powering over 4 million customers. The company is dedicated to delivering reliable energy solutions and advancing the adoption of electric vehicles.
About Resource Innovations
Resource Innovations is focused on accelerating the clean energy transition through innovative solutions in energy efficiency and electrification, with a commitment to addressing the complex challenges faced by utilities today.