It will take time to get from point A, today’s grid and building technologies and power markets to point B, a Smart Grid with intelligent buildings and transactive markets, but it can be done.
>Transactive energy will play a critical defining role in grid modernization and shaping the Smart Grid. Buildings, as noted in last week’s article consume 40% of the nation’s energy. And while building owners can justify purchase decisions on energy savings as well as sustainability values, there’s another crucial factor for building owners to invest in technologies that reduce energy use and deliver self-generation. That reason is to address the increasing vulnerability of the electrical grid to momentary and sustained power outages to both natural and human causes.
Buildings and their occupants are impacted by grid-related power outages. The negative impacts range from reduced work productivity and decreased occupant safety and health to reductions in lifestyle standards. Just like real estate values are higher for green buildings with LEED recognition, in the future, buildings that are grid-hardened may command premium prices because they preserve delivery of services regardless of grid status. It is a compelling new variable in value propositions for tenants and occupants.<
See on theenergycollective.com