Microgrids aren’t just for use in rural communities; increasingly they also have commercial appeal for developers and landlords. JLL Real Views explores what their sustainability and cost control credentials.
Whether they’re supporting developing countries looking to build up their electricity infrastructure or real estate developments looking to offer predictable utility bills, microgrids could have a big impact on the way people and businesses access power in the future.
These localized, small-scale power grids operate independently from the main electrical network and are increasingly being used to boost the amount of power in remote areas or act as a back-up for mission critical buildings like hospitals and data centers. They are able to integrate various sources of decentralized energy – most notably renewable energy.
“There is a trend all over the world for power to be decentralized from the main grid and the biggest driver of this is decarbonization,” says Dominic Szanto, Director – Energy and Infrastructure Advisory at JLL. “Increasingly, microgrids are being considered by real estate developers to not only cut energy bills, but also to boost their green credentials.”
Click here to find out how microgrids could have a big impact on the way people and businesses access power in the future.