The cost of wind energy fell dramatically from the 1980s through 2003, then increased for most of the remainder of the decade. Then, as the recession hit, turbine orders declined and prices with them. Meanwhile turbine technology has significantly improved, so that they are producing energy more efficiently than ever, which is the real bottom line.
This publication was developed for Winrock International Brasil by Global Energy Concepts, and covers many aspects of wind project development, including a survey or lease terms and a model lease agreement. Click here to download the file from the Winrock website.
This document was writted by Stoel Rives Attorney Samual J. Panarella, March 2004. Also adapted for North American Windpower in September 2004 and The Law of Wind: A Guide to Business and Legal Issues, Third Edition, 2005. Click here to go to the Stoel Rives web site.
In the United States, leasing land to wind energy developers continues to be the most common way rural landowners are participating in wind energy. As the wind industry grows, wind developers are increasing the amount of land they are leasing to keep their future market share from slipping away. Because of this, landowners in windy areas need solid advice about wind energy and what signing a wind energy lease or easement means to both them and future generations who will inherit the land.