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Developers and Building Owners

A property served by a microgrid that provides more reliable power service at a lower cost adds value to the property. Studies have shown that tenants will pay slightly more for space that is LEED certified; the same may eventually be true for microgrids, maybe even more so because of the explicit benefits.

Building owners may also gain by deploying a basic microgrid and providing or charging for space in a microgrid co-location area for tenants to install their own generation equipment. This is similar to data center companies that sell space within their locations to multiple users.

There is now an international standard for microgrids reflecting the viability, credibility, interest, and momentum of this approach. The IEEE standard developed in 2011 (IEEE 1547.4) provides best practices for designing, operating, and integrating microgrid electric power systems. This includes the ability to separate from and reconnect to part of the larger utility grid while providing power to the microgrid. This standard addresses engineer-

Figure 14.3

ing concerns for microgrids specifically targeting reliability, contingencies, and interconnection requirements.

Pike Research anticipates the institutional/campus single owner microgrids will be the largest segment of growth with 53% of deployments by 2015, followed by commercial/industrial with multiple owners at 39% of deployments.

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