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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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.
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