Local Ownership Doubles Economic Value of Wind

June 4th, 2012 by John Farrell

Local ownership of a wind project accounts for half of its lifetime economic value to the community! You can see the benefits of each development stage when locally owned or managed in the graphic above.

From: Value Creation for Local Communities through Renewable Energies [pdf]

This post originally appeared on ILSR’s Energy Self-Reliant States blog.

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Tags: clean energy jobs, Economic Development, Germany, Germany Clean Energy, local clean energy, local clean energy ownership, local energy ownership, local ownership, local wind energy, local wind energy ownership, Wind Energy Jobs, wind jobs

About the Author

John Farrell directs the Democratic Energy program at ILSR and he focuses on energy policy developments that best expand the benefits of local ownership and dispersed generation of renewable energy. His seminal paper, Democratizing the Electricity System, describes how to blast the roadblocks to distributed renewable energy generation, and how such small-scale renewable energy projects are the key to the biggest strides in renewable energy development. Farrell also authored the landmark report Energy Self-Reliant States, which serves as the definitive energy atlas for the United States, detailing the state-by-state renewable electricity generation potential. Farrell regularly provides discussion and analysis of distributed renewable energy policy on his blog, Energy Self-Reliant States (energyselfreliantstates.org), and articles are regularly syndicated on Grist and Renewable Energy World. John Farrell can also be found on Twitter @johnffarrell, or at jfarrell@ilsr.org.

Elise Vonk

Please check out Green Talent Naresh Kausik: How to turn wind-hydrogen in excess electricity into profit and prevent CO2 emissions. Also other ideas about wind energy are entered in the #greentech ideas competition of Imtech: http://on.fb.me/L4bh9w.
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