Category Archives: Alternative Energy

Digital marketplace changes the game for solar energy consumers

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In an alternative to power plants, Australia is instead looking to widespread rooftop solar panels as a way of generating electricity. It’s part of a new peer-to-peer network model that allows consumers to participate in the distribution of energy.

The system creates an incentive for businesses and home owners to embrace renewable power, said JLL Australia Sustainability Director Simone Concha. “In turn this benefits everyone, not just those profiting from it, due to less taxpayer… Read More

Solar and Storage: the Dynamic Duo

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Valentine’s Day conjures up some of history’s best duos: Romeo and Juliet; Hans Solo and Chewbacca; peanut butter and jelly. At JLL, we’re thinking of another remarkable pair – one that gives both sustainability and financial experts reason to celebrate: solar and storage.

While solar power generation isn’t new, it has reached a crucial tipping point. Sourcing energy from the sun is not only commercially viable, it can be a sound economic opportunity for companies willing to invest in sustainable energy infrastructure.Solar cells at sunset.

But the reality is that the sun doesn’t shine 24 hours a day. Solar power can only create energy (and offset non-solar energy) during daylight hours. When the sun sets, it’s game over. With a finite amount of daylight to collect solar Photovoltaic (PV) energy, is there a way to capture and extend power-producing sunlight?

There is, according to Kyle Goehring, National Alternative Energy Services Manager at JLL. The answer is solar power plus battery storage. … Read More

China’s renewable energy investment: it’s good for global business

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China kicked off 2017 by announcing that it will invest more than $360 billion over the next four years on renewable power sources like solar and wind energy. It’s an ambitious commitment, but not a surprising one, as China is the world’s leading investor in renewables. The announcement, which estimates the creation of 13 million new jobs in the renewable energy sector, comes at a pivotal time as China’s cities have been plagued by dangerous and persistent smog and pollution, brought on by decades of reliance on fossil fuels.

It’s a massive investment for China, both environmentally and economically, but also for the rest of the world and the global economy, according to Steve Yatsko, Vice President with JLL’s Alternative Energy, who says green, clean energy just makes good business sense.

“There’s no longer a question of global warming,” Yatsko said. “Climate change is real and of course we want to take care of the planet. But taking care of the planet is truly an economic decision now — and economics point to renewables.”

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Prevailing wind

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With the inauguration of a new US President today, our clients and colleagues have been asking where the wind is blowing in regards to alternative and clean energy.

A number of sources have reported that not only are clean and alternative energy sources positive for protecting the natural world while fueling energy needs, but that these sources create many jobs nationwide.

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Energy storage: achieving the cardinal rule of electricity

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The cardinal rule of electricity is that supply must equal demand at all times. When you flip a light switch, you expect the lights to go on. This rule has challenged utilities, regional transmission organizations, independent system operators and commercial, industrial and residential consumers since the time of Edison. Generally fossil-fired and nuclear generation must run continuously while renewable energy is subject to the intermittency inherent in solar and wind resources.  Moreover, forecasting demand… Read More