General Motors has announced a new business unit to expand outside of its current portfolio of EVs and charging network. The new energy management services business is called GM Energy and will consist of Ultium Home and Ultium Commercial, in combination with the previously existing Ultium Charge 360.
As one of the world’s largest automakers, GM has used 2022 to truly lean into the apex of electrification to not only stay competitive, but to eventually become the industry leader. CEO Mary Barra has repeatedly shared GM’s intentions to dethrone longtime EV sales leader Tesla by mid-decade.
As part of its strategy, GM has promised 30 new EVs by 2025, including a commitment of $7 billion to bolster its annual production capacity to 1 million units in the same time frame. Recently, the automaker has breathed new life into its Chevy Bolt EV and EUVs following a tumultuous recall in 2021. GMC Hummer EV deliveries continue to speed up and are joined by the all-electric Cadillac Lyriq. The automaker also has plenty of other EVs in its pipeline like a Chevy Silverado EV and 2024 Chevy Blazer EV.
Today, we have learned that the Ultium Charge 360 network will exist under a new business unit called GM Energy, which will also include holistic energy management solutions for both homes and businesses.
GM Energy looks to eventually offer vehicle-to-grid capabilities
Details of GM’s new energy management business unit emerged via press release early this morning, outlining some of the technology the American automaker intends to offer both passenger and commercial EV customers.
According to the automaker, GM Energy’s connected product and service offering will eventually offer the following applications for EV owners and their homes or businesses:
Bi-directional charging
Vehicle-to-home (V2H) capabilities
Vehicle-to-grid (V2G) capabilities
Stationary energy storage
Solar products
Software applications and cloud management tools
Microgrid solutions
Hydrogen fuel cells
Much of the technology mentioned above will become available to consumers through Ultium Home – the residential-focused arm of GM Energy. Similar to competitors like Tesla and Ford, GM will soon offer stationary storage that can connect an EV to a driver’s home, solar technology, and the grid into one holistic system.
In a call with media, GM shared that it has already been piloting V2H applications with PG&E in California, allowing for bi-directional charging and the ability to power a home using energy stored in an EV during blackouts or other outages. Following initial tests, both companies intend to expand to a subset of PG&E residential customers in 2023.
GM is also touting other applications such as vehicle-to-grid capabilities, but explained that more complicated implementation processes like that will come at a later date to be determined.
Other energy companies working with GM Energy include Con Edison, Graniterock, and New Hampshire Electric Cooperative (NEHC). GM’s vice president of EV growth operations Travis Hester spoke to the potential of GM Energy going forward and what it means for current and future EV owners:
GM Energy has the opportunity to help deliver sustainable energy products and services that can help mitigate the effect of power outages and provide customers with resilient and cost-effective energy management. GM Energy’s mission is to offer customers access to a full suite of energy products and services, including solutions beyond the vehicle, accelerating the seamless transition to an all-electric future. With the expansion of our enterprise business through GM Energy and one of the most comprehensive portfolios of energy management products and services available, we will help to reduce the barriers of entry for sustainable power and further accelerate the mass adoption of EVs.
Another important company in the expansion of GM Energy’s new lineup of energy management solutions is solar technology specialist SunPower, who has signed an agreement with GM to help develop the home energy systems that can and will combine solar and stationary power into one cohesive unit. SunPower has also signed on as the preferred installer of the home energy systems and will offer solar add-ons to GM Energy customers.
The home energy system is expected to launch alongside the upcoming Chevy Silverado EV, which is currently slotted for production in the fall of 2023. The GM team shared that it expects all of its new Ultium Home and Commercial products to enter production in Q4 of 2023.
Ultium Commercial services is available to businesses now, opening a new window of opportunity for GM Energy to step in as a hardware and software provider, but also as a strategic advisor to businesses to help set up the necessary energy infrastructure necessary for all-electric fleets.
Lastly, the automaker shared that as a part of GM Energy, Ultium Charge 360 will continue to expand its public charging network and offer new products and services of its own over time.
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Leading electric vehicle analyst, author, and industry thought leaders Loren McDonald and Bill Ferro stop by Quick Charge to discuss EV Adoption’s acquisition by Paren, the “crisis” of EV charging reliability, and the real state of the EV market.
Depending on who you listen, EVs are either driving brands to record growth and are about cross that critical 10% of the overall market nationwide, or the future is bleak, the market is down, and EVs just aren’t selling. What’s really going on? Loren and Bill (probably) have some answers.
Today’s episode is sponsored by BLUETTI, a leading provider of portable power stations, solar generators, and energy storage systems. For a limited time, save up to 52% during BLUETTI’s exclusive Black Friday sale, now through November 28, and be sure to use promo code BLUETTI5OFF for 5% off all power stations site wide. Click here to learn more.
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Chevy EV owners in Texas who have Reliant as their electric utility can now charge for free at night with renewable energy.
Over 150 Chevrolet dealerships across Texas are now offering the Reliant Free Charge Nights plan to new EV buyers. With Free Charge Nights, customers can offset their charging costs by receiving credits for electricity used between 11 pm and 6 am. The plan is powered entirely by renewable energy, thanks to the purchase of renewable energy certificates (RECs).
Rasesh Patel, president of NRG Consumer, says the plan is about making power personal: “We’re excited to help Chevrolet EV drivers offset the cost of charging their vehicle all while having access to a renewable electricity plan.”
This collaboration aims to make EV adoption more appealing by making charging cheaper and greener. GM Energy’s chief revenue officer, Aseem Kapur, emphasized that partnerships like this help build the ecosystem needed to support an all-electric future: “The Reliant Free Charge Nights plan is a great example of how an automaker and an energy company can work together to make EV adoption an easy decision.”
Existing Reliant customers can also sign up for the Free Charge Nights plan. To get started, Chevrolet EV owners need to designate their vehicle on the GM Energy Smart Charging Portal before enrolling in the plan.
Reliant Energy, a subsidiary of NRG Energy, serves over 1.5 million customers in Texas, making it one of the largest electricity providers in the state.
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Texas is about to get a major power boost – a new AI-powered virtual power plant (VPP) delivering capacity equivalent to 200,000 homes during peak demand.
NRG Energy is teaming up with Renew Home to bring nearly 1 gigawatt (GW) of capacity to the Texas grid by 2035, aiming to make it more resilient while helping residents save on energy costs.
The new VPP will rely on hundreds of thousands of smart thermostats and other connected home devices, making use of AI technology provided by Google Cloud. These devices, like Vivint and Nest smart thermostats, will be offered to eligible customers at no cost. By automating HVAC adjustments, they help shift energy use to when electricity is cheaper, cleaner, and less strained.
NRG and Renew Home have big plans for the VPP. Starting in spring 2025, the companies plan to roll out the program across Texas, installing these smart thermostats in homes served by NRG’s retail electricity providers. Eventually, they plan to add home battery storage and EVs to expand the power plant’s capabilities.
Texas has faced record-breaking energy demands, with peak usage hitting 85 GW in 2023. As the state’s population grows and extreme weather becomes more frequent, VPPs like this one could play a key role in stabilizing the grid. VPPs aggregate a lot of small-scale energy resources, from smart thermostats to home batteries, and use them to help balance supply and demand during times of high stress on the grid.
This nearly 1 GW VPP will be one of the largest of its kind in Texas. NRG’s president of consumer operations, Rasesh Patel, calls it a “pivotal step” for improving customer experience while making Texas’ energy infrastructure more sustainable and resilient.
In addition to Renew Home, NRG is working with Google Cloud to maximize the power plant’s effectiveness. Google Cloud’s AI and analytics tools will help predict weather conditions, forecast renewable generation, and optimize energy usage, all of which will help make energy management smoother for both customers and the grid.
Ben Brown, CEO of Renew Home, said:
NRG’s commitment to creating a more resilient and sustainable energy future while also making electricity bills more affordable makes them an ideal partner for co-developing this unique VPP program.
This initiative raises the bar for future-proofing our electricity infrastructure and delivering cost savings to customers.
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