On Tuesday, July 8th, Governor Kathy Hochul announced a $3 million investment in three pilot projects that will test how electric vehicles (EVs) can send power back to the grid. The initiative aims to strengthen grid reliability and advance New York’s clean energy goals through vehicle-to-grid (V2G) technology.
The funding, administered by the New York State Energy Research and Development Authority (NYSERDA), will help selected companies test systems that allow EVs to both charge from and return electricity to the grid. The goal is to reduce emissions, lower energy costs, and enhance grid stability, particularly during periods of peak demand.
Governor Hochul stated that by investing in innovative EV technologies, New York is “strengthening our clean energy infrastructure to meet the demands of tomorrow” while also making it more affordable for residents to drive electric.
Recipients of the grants include firms such as Fermata Energy and NineDot Energy, which will partner with utilities and local governments to implement their projects in settings like schools, apartment complexes, and workplaces. These efforts will also contribute to the state’s Climate Leadership and Community Protection Act targets, which mandate steep cuts in greenhouse gas emissions.
The projects were chosen through a competitive process and are expected to be completed within two years. Their performance will be closely monitored and evaluated to inform future policy and investment decisions.
New York has already committed over $1 billion toward EV infrastructure and incentives, and continues to support research into emerging energy technologies. The state’s transportation electrification roadmap identifies V2G capabilities as key to reducing dependence on fossil fuels and increasing grid resilience.
Officials say the current round of projects marks only the beginning, with further investments expected under New York’s 10-year clean energy plan.
