A physical copy of this journal article is stored in the IAAO Library.
Abstract:
Wind farm development requires acres of land per megawatt of electrical power generated. Real estate appraisers already play an important role in the land entitlement process, but is there a financeable asset once these capital-intensive projects are built? This article is intended as a primer for real estate appraisers who may be asked to assist in siting or valuing large, utility-scale renewable energy projects. The implications of public policy, including Renewable Portfolio Standards (RPSs) and other mandates or incentives, are examined.