In the upcoming articles in this series, we’ll dive into each part of these differences in more detail. But for now, let’s start with the first question entrepreneurs always need answered: The price tag.
Henry Gordon-Smith is the CEO of Agritecture, an independent consultancy and software
creator that helps clients decide between the two technologies. As he puts it, “Vertical farming represents the most expensive, most controlled form of agriculture.”
At first blush, vertical farms are, in fact, shockingly more expensive than greenhouses – six to 10 times as costly. Gordon-Smith says vertical farming costs 2,200 to 2,600 Euro per square meter of cultivation bed space, while high-tech greenhouses cost 250 to 350 Euro per square meter of cultivation space.
Both offer a year-around source of fresh, pesticide-free, locally-grown produce, which provides better nutrition than the same foods that arrive from far away.