Future Buildings: Making The Case For Microgrid Energy
An editorial feature for specialist proptech title Place Tech based on independent research and expert interviews.
Gas, coal and nuclear power plants have long supplied a vast national grid strained by peak demand – such as office hours or unexpected cold snaps – and the introduction of renewable energy, an intermittent source that has put further pressure on the stability of the supply and its pricing.
The solution could be a transition away from a centralized energy grid.
Decentralised microgrids may consist of a single commercial property with a renewable energy generator and battery, or they could be larger networks that link homes in a community or offices in a complex.
A rising priority for sustainable development coupled with the rapid growth of renewable energy are driving these smaller, localised energy markets, where electricity is generated and stored by individual buildings for use during peak demand, buffering consumers from price fluctuations and providing access to energy during outages.
Read the full article at Place Tech.