A Comparative Analysis of Business Structures Suitable for Farmer-Owned Wind Power Projects in the United States (November 2004) was prepared for the Wind & Hydropower Technologies Program, U.S. Department of Energy, by Mark Bolinger and Ryan Wise.
Economic Development Studies
Economic Development Resources
This report was released by the National Renewable Energy Laboratory in 2005 and provides a compilation of data from studies of the economic impacts of wind farms on rural communities.
Most opportunities for public investment will be with the commercial-scale turbines. More...
Wind energy provides many benefits:
Clean Electricity: Widespread wind development addresses climate change by providing a non-polluting source of energy that can displace greenhouse gas emissions from conventional power.
Energy Independence: Wind generation promotes national security by reducing our reliance on foreign and volatile sources of fossil fuels.
This report reviews various business structures for community wind development, reviews previous studies on the economic impact of both wind development in general and the relative impacts of corporate and community wind development, and investigates the specific case of the economic impact of community vs. corporate wind development for a multi-turbine project in Big Stone County, Minnesota.
This 2006 report from the National Renewable Energy Laboratory assesses the direct economic impacts of constructing new electricity from wind, coal and natural gas in three different states. Initial results showed that new electricity generation from wind could be more economically effective than adding new electricity generation from gas or coal power and that new wind electricity generation keeps more dollars local.
“Economic Development Impacts of Community Wind Projects: A Review and Empirical Evaluation” by E. Lantz and S. Tegen, National Renewable Energy Laboratory, in April 2009.
This is one article in a series prepared by the Wind Powering America program to support agricultural outreach efforts. This article describes how wind energy can be a boon for rural economies.
This article from the Wind Powering America web site was designed to assist in agricultural outreach efforts and describes how wind energy can be a viable alternative income source for farmers.