Australian developers to generate power on site


Building developers carving new
suburbs out of semi-rural environments will spend $37billion on
energy infrastructure in the nex
t fifteen years, according to
environment business magazine, WME. They can reduce this investment
by generating electricity on site, using natural gas or alternate
energy, the magazine reports.

Australian company, GridX has developed
a system that provides heating and cooling to homes in the locality
as a byproduct of electricity production. Each unit feeds up to 12
homes with a network of generators able to be strung together to
service localities of up to 200 homes. Developers investing in the
system can further offset their costs through the sale of electricity
to the owners of the houses, effectively a captive market.

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