Renewable energy the way of the future
Alternative and renewable energy sources continue to be hot dicussion topics throughout the world. Both solar and wind power are renewable energy sources that continue to attract considerable attention.
Solar Power
Located in Nevada, USA, construction of the largest solar thermal power plant to be built in the last 15 years, is nearly complete.
The 64 Megawatt Nevada Solar One power plant will generate enough power to meet the electricity needs of about 40,000 households and follows in the steps of the 354 Megawatt solar thermal power plants located in California’s Mojave Desert.
While California’s solar plants have generated billions of kilowatt hours of electricity during the past two decades, the Nevada Solar One plant will use new technologies to capture even more energy from the sun.
Wind Power
At the end of 2006, the total installed wind power capacity throughout the world was 74,223 megawatts which accounts for less than 1% of world-wide electricity use. This generation figure is up from 59,091 MW in 2005.
The countries with the highest total installed capacity are Germany , Spain, USA, India and Denmark. These installations account for approximately 20% of electricity use in Denmark, 9% in Spain, and 7% in Germany.
Generally it can be difficult to site wind turbines in many areas for aesthetic or environmental reasons, and it is also often difficult to integrate wind power into existing electricity grids in some cases.
Notwithstanding these issues, the wind energy sector has become an important player in the energy market, with the total value of new generating equipment installed in 2006 reaching approximately US$23 billion.
It is expected that the 2007 analysis will show a continuing and substantial increase over previous years.
Water storage and building design
Climate change continues to be one of the most talked about issues across the property and development industry.
One of the most important elements in the climate change debate is water. Throughout Australia, different locations experience different rates of rain fall. This can translate into considerations for building design, particularly in regards to potential ways to store water.
If you could store water, a building with a roof area of 1,000 square metres in Sydney or Brisbane could collect 1,200,000 litres of water on average per year, which is equivalent to the volumetric space of approximately 46 basement car spaces.
However, same building in Melbourne would only capture 600,000 litres, while the same building in Tully, Far North Queensland would collect 4,500,000 litres of water per annum.
Also, a 600 square metre house block in Sydney or Brisbane could collect 720,000 litres of water per annum. This is interesting as a very high average house usage of 900 litres per day would only use 328,500 per annum.
With water restrictions tightening across the eastern coast of Australia, the issue of sustainability remains at the industry forefront. Napier & Blakeley is fully qualified and experienced in the areas of green accreditation and sustainability, and can provide assistance, oversight and coordination of the asset greening process.
With a staff of over 140 across the Eastern States of Australia, Napier & Blakeley currently has in excess of $20 billion either under management or analysis.