V2G Today: Creating New Value Streams for Automotive OEMs

 

Verizon host Matt Montgomery speaks with Scott Brierley, the Director of Automotive and Strategic Partnerships at Fermata Energy. Brierley highlights the evolution of the DISTRIBUTECH conference into a nexus for cross-sector technology integration, with a special focus on how parked electric vehicles can be integrated into utility systems to optimize energy resources.

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Surging demand from data centers, AI-driven infrastructure, and electric vehicles is straining power grids already under pressure. States like Texas are seeing especially sharp growth, with grid operators warning of capacity concerns due to accelerating industrial and residential loads. This pressure is prompting urgent conversations about how to build and adapt modern energy infrastructure to…

The utility industry is rapidly embracing digital transformation to enhance grid resilience and operational efficiency. According to Guidehouse Insights, the global market for energy IT, operational technology (OT), and analytics spending is projected to grow from $19.8 billion in 2023 to nearly $37 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.2%….

As the energy sector wrestles with decarbonization and digital transformation, AI in utilities has emerged as a potential game-changer. But while AI has generated excitement for years, real-world ROI has often remained elusive. That gap between hype and value is beginning to close. According to IBM’s 2024 Enterprise Generative AI report, 64% of CEOs…