Tag Archives: clean energy

Thinking small for big impact: powering a green future with microgrids

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Though still sparsely utilized due to the infancy of the concept, microgrids are seeing a surge in growth as they offer unique opportunities to harness green energy.

Microgrids—a small power system that can operate independently of the macrogrid—use less than 0.2 percent of all U.S. electricity, according to the Center for Climate and Energy Solutions. However, that capacity is expected to more than double by 2020, as certain states create funding opportunities and attract developers.

iStock_000074821533_LargeThese self-contained power systems can light up commercial facilities, residential neighborhoods or remote communities. They can operate on a range of sources, including emerging technologies like fuel cells and modular nuclear reactors and are able to harness the power of on-site energy by collecting the heat from a nuclear reactor or the wind or sunlight over surrounding land. Using renewable resources, the microgrid can generate zero-emission electricity. And finally, the microgrid can keep running when storms or blackouts cause the macrogrid to lose power.

Most microgrids are located in seven states—Alaska, California, Georgia, Maryland, New York, Oklahoma and Texas. In Brooklyn, a project is moving forward to power a low-income housing community with a lithium-ion-battery microgrid. A public-private development in Denver is using a solar-powered microgrid. And another public-private partnership in Maryland is developing two microgrids to power county facilities.

Because microgrids are a relatively new concept, they face unique financial and legal hurdles. … Read More

Green Trends Gain Economic Momentum

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JLL’s Real Views reports on green building and clean energy trends and their impact on the U.S. economy, including outlook for job creation and earnings growth. To read the full article, please click here. 

As more and more companies identify sustainability goals and develop the strategies to achieve them, interest in ‘green’ tools, tactics, and technologies also continues to increase. In particular, the green building… Read More