The advantages of these microgrids are seeping into the minds of real estate developers and investors alike. These intelligent energy upgrades represent a way to add value to premium properties serving high-demand customers.
Additionally, these upgrades relieve strain on the existing energy infrastructure and provide a cleaner solution to urban development.
Microgrids can benefit property developers in a number of ways:
1. Increased Energy Efficiency – Microgrids can increase the energy efficiency of buildings by integrating renewable energy sources, such as solar panels and wind turbines, with energy storage systems. This can help reduce energy costs and improve the overall sustainability of the development.
2. Improved Resilience –Microgrids can provide greater energy resilience by reducing the reliance on the main power grid. In the event of a power outage, microgrids can continue to provide power to the development, ensuring business continuity and reducing the impact of the outage on residents and tenants.
3. Marketing Advantage – Developers can use microgrids as a marketing advantage to attract tenants who are looking for sustainable and resilient properties. This can help differentiate the development from competitors and increase occupancy rates.
4. Reduced Environmental Impact – By integrating renewable energy sources, microgrids can help reduce the environmental impact of the development. This can help meet sustainability targets and improve the overall reputation of the developer.