The green economy can seem like a hidden economic sector in the UK. I hear people talk about environmental sustainability without understanding that it is an engine for economic growth, business innovation and job creation, not least in the real estate and construction sectors. Did you know, for example, that the low carbon and renewable energy economy in the UK generates £46 billion in revenue and supports 240,000 green collar jobs?… Read More
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.
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
Last month, the United States Green Building Council (USGBC) launched an online Public Policy Library that allows users to look up green building and LEED-specific policies across the United States. The interactive database provides information on federal, state and local policies as well as tax incentives and benchmarking. The USGBC updates the database so that visitors can stay abreast of the latest changes in green building policy, and it also encourages users to update the library.
“In order to stay as fresh and current as possible, we need your help,” the USGBC said in a press release.… Read More
The US Department of Energy (DOE) hosted its annual Solid-State Lighting (SSL, or better known as LED) Technology Development Workshop in Denver, CO on November 16th and 17th. The event was attended by 180 industry members from various backgrounds including, manufacturers, utilities, designers, municipalities and academia, all working to drive mass adoption of LEDs throughout the US.
The workshop challenged the status quo, asking tough questions to lighting industry experts in order… Read More
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. … Read More