Illinois’ 3-gigawatt target is evidence that the market is organizing around storage — and that the buildings that can manage peaks and ride through volatility will have an easier time delivering electrification without sacrificing NOI.
Electricity costs are rising in different ways in different places nationwide. Owners need to reduce the parts of the bill they can control.
If you only skimmed headlines this week, you probably saw the usual AI-grid anxiety and EV-market hot takes. The useful signal for owners, developers and planners is more practical.
Alphabet’s agreement to acquire Intersect Power is an infrastructure play — one that underscores how quickly electricity has become the gating factor for new development, especially anything tied to data centers, advanced manufacturing and electrified transportation.
In December, the New Orleans City Council approved a $30 million, three-year “Neighborhood Power Plan” to pay for solar-tied batteries and coordinate those systems as a single, dispatchable resource — a virtual power plant. For commercial real estate owners, investors and planners, it’s a signal that VPPs are leaving pilot-land.
As subsidies wobble and rates stay volatile, the smartest landlords are designing rooftop solar that pencils out even if the politics change.