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.
3 Commercial Real Estate Benefits & Advantages of Microgrids
1. Improved Power Reliability – Microgrids with multiple generation sources provide diversity and, therefore, greater reliability. Connecting a microgrid to the larger grid means increased power dependability.
2. Lower Energy Costs –Microgrids connected to the larger grid can use power from that grid, especially when prices are cheaper than the microgrid. Conversely, the use of the microgrid is maximized when prices from the larger grid are higher.
These variables are often time-of-day rates, demand charges, weather, potential demand responsive events, and load shedding scenarios.
3. Energy-Efficient – Microgrids with multiple generation sources are more efficient through renewable sources, eliminate the transmission and distribution energy losses, and recover and use heat locally. This implementation results in higher energy efficiency and lower carbon production.