The advantages of these microgrids are seeping into the minds of real estate developers and investors alike. These smart 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 provides diversity and therefore greater reliability. Connecting a microgrid to the larger grid simply 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 are 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 have the capability to recover and use heat locally. This results in higher energy efficiency and lower carbon production.