đź’° Vertical Farming Has Found Its Fatal Flaw

TL;DR

In June, a vast new vertical farm opened on the outskirts of the English town Bedford.According to Cindy van Rijswick, a strategist at the Dutch research firm RaboResearch, several pressures that have always existed for vertical farms have really come to a head in 2022.Eighteen months ago, European vertical farms might have spent around 25 percent of their operational costs on electricity, but that might have gone up to around 40 percent, estimates van Rijswick.“The European market is a difficult place for vertical farming because there’s so much competition from crops that are grown in fields or greenhouses,” says van Rijswick.“When choosing new markets to expand to and establish a farm, we are going to look to places that have an increasing need for food production and food security,” Infarm founder Erez Galonska told the Vertical Farming Congress in Abu Dhabi on December 14."

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