Microgrids Are Changing the Energy Game for More Property Owners


Microgrids Are Changing the Energy Game for More Property Owners


Commercial property owners face many energy challenges today. The rising cost of energy is adding to the pain of high interest rates. Many cities across the country are starting to require buildings to report on energy usage, with some now levying fines for those that use more than their fare share. To add to all of this, extreme weather conditions and more frequent natural disasters are increasing the risk of power outages. As buildings strive for energy resilience and efficiency, there’s a critical need for solutions beyond traditional centralized power systems. That’s where microgrids come into play.

America’s aging energy infrastructure is buckling under the growing demand for cities and industries ramping up electrification efforts. Meanwhile, the voracious energy appetite of data centers is another factor pressuring power utilities. Utility expansion backlogs and increased extreme weather exacerbate price volatility and power disruptions, leading to an unprecedented microgrid market. Traditionally used to provide resilient energy where local grids are unreliable, microgrids are increasingly building a presence nationwide, even in urban settings.

A microgrid is essentially a localized power grid that can operate independently or in conjunction with the main grid....

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RSK: Great idea about micro-grids....but solar will probably not be a good reliable source in the frozen tundra of Wisconsin or the upper Midwest.

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- - Volume: 24 - WEEK: 47 Date: 11/19/2024 3:41:25 PM -