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Large Scale Urban Agriculture - Page 5

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<< night cycle is employed for growth using artificial light, an efficiency of up to five times compared to traditional agricultural practices might be achieved. Using Aeroponics, in which the roots of plants are suspended in dark boxes in which a vaporized nutrient solution is channeled, the growth efficiency can be even higher. Using hydroponics however, the plants evaporate more of the farm can use compost waste from the community as nutrients and energy conversion. Using the inedible parts of the grown plants as well as the compost influx energy can be generated using methane conversion to power the lights, assisted by Photovoltaics on the roof and built into the windows. There are various other ways of energy generation technologies that can be applied, as well as several light transmission techniques such as light tubes and tunnels to channel light further into the building than direct sunlight allows. Currently the most promising technique for using the compost is by extracting the methane and then use cogeneration as a conversion technique. By burning the methane electricity is generated as well as heat. The heat is then used for various tasks within the building itself and can provide neighboring buildings with heating and hot water as well. Even though burning would occur, this would be a carbon neutral solution since the carbon was sequestered by

Vertical Farm Diagram
 

the growing plants in the first place in order for it to end up in the methane. Taking all this together and performing a rough but conservative energy balance analysis it has been concluded that it is very likely that a farm can be built that uses little to no energy from exterior sources9.

Most if not al of these technologies are realities and are in effect in various configurations around the world. They have not yet been combined, and the challenge of building a vertical farm lies in connecting and operating these separate technologies as one efficient system.

6. Economic viability

Under the direction of Dr. Dickson Despommier of Columbia University a financial analysis was performed to investigate the viability of a vertical farming enterprise.

 

The report concludes as follows:

"1. The urban hydroponics model of Vertical Farming is both presently realizable and profitable. The investment return is comparable to stock market averages.
2. Properly implemented renewable energy sources can significantly reduce utilities expenditures, justifying their initial capital cost.
3. Corporate and institutional investors are willing to finance Vertical Farming as a result of the operations significant secondary benefits.
4. Vertical Farming presents a unique investment opportunity as it aims to revolutionize our understanding of food production and urban development."
10

The report is positive about the financial viability of a vertical farming

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  References:
   
 
  9) Columbia University: Vertical Farm
  10) Columbia University: Vertical Farm
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