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
In advance of the COP22 conference that was held in Marrakech November 7-18, JLL’s CEO, Christian Ulbrich, shares his thoughts on the important role commercial real estate plays on environmental sustainability in COP 22’s Climate Change: The New Economy. Read the full article here.
Understanding and evaluating your options for offsite renewable energy solutions– which have never been more affordable, especially for C&I organizations – can be challenging. To demystify the process, JLL’s Lauren McAdam outlines why direct access service may be the best offsite renewable option for your business.
What does Direct Access Service entail?
With Direct Access Service, organizations enter into an Energy Supply Agreement (ESA) with the Energy Service Provider (ESP) for their electric supply, and the Utility continues to deliver the electricity through its transmission and distribution systems.… Read More
Alternative energy is a hot topic these days. But did you know that you don’t necessarily need to produce renewable energy onsite to take advantage of the benefits? JLL’s Lauren McAdam explains what your options are for offsite renewable energy – and what you need to know when evaluating your opportunities.
It’s no secret that renewable energy alternatives present attractive new options for commercial and industrial real estate owners and occupiers. But the reality is that most commercial and industrial (C&I) organizations can’t achieve their sustainability goals such as carbon reduction and energy savings solely through onsite renewable energy solutions – site size limitations, site intrusion, operational interruptions, contract commitment lengths, and other factors all can limit the opportunities.
Many large companies are increasingly looking to offsite renewable energy solutions as an alternative way to achieve their sustainability goals– and approximately 75% of S&P 500 companies have some form of sustainability goals.… Read More
Simone Concha, JLL’s Director of Sustainability – Australia, discusses the concept of solar battery storage and what it means for your business. To learn more about the benefits that solar battery storage can bring to your organization, contact JLL’s Alternative Energy Services team.
What is a solar battery?
Solar battery storage is a way of saving the energy generated by solar panels, to be used at a time when the sun is not shining. It’s more significant than you may think: while traditional solar power is considered “variable” – because it is affected by weather, time of day, and other factors – solar battery storage offers a consistent, reliable alternative.
As a result, solar battery storage has the potential to drive down the cost of renewable electricity and increase the uptake of electric cars – both of which are important milestones in the transition to a low carbon economy.… Read More