Ford, Resideo launch ‘EV-Home Power Partnership’ project

Ford (F) and Resideo Technologies (REZI) announced a joint simulation project to explore vehicle-to-home energy management called the “EV-Home Power Partnership,” designed to explore the potential of electric vehicle batteries to support optimal home energy management. The project will explore, test and quantify the customer benefits of pairing bi-directional EV charging with a Resideo smart thermostat to help customers potentially save money on monthly electric bills, reduce strain on the U.S. electric grid and enable use of cleaner energy, while helping ensure homeowner comfort. The project is designed to assess how coordination of bi-directional EV and a smart thermostat can reduce the overall energy needed by the home during times of electric grid stress while minimizing energy usage during the most expensive hours each day by automating the home to match a consumers’ Time-of-Use electricity rate. Additionally, it also will assess how the coordination between the battery and smart thermostat can enable a system to leverage cleaner energy from the grid if renewable energy is readily available.