ABB_id2059
in News Departments > FYI
print the content item

A U.S. federal study that claims there is "no statistical evidence" that real estate prices near wind turbines are negatively impacted is misleading because it lumps homes close to the turbines with those miles away, claims Wind Wise Massachusetts (WWMA).

"The study's authors are just perpetuating the myth that wind turbines are not responsible for significant property losses," says Virginia Irvine, president of WWMA, which describes itself as a statewide alliance of grassroots environmental groups and individuals.

The report - A Spatial Hedonic Analysis of the Effects of Wind Energy Facilities on Surrounding Property Values in the United States - was published by the Lawrence Berkeley National Laboratory (LBNL) in August.

Irvine argues that independent appraisals have found that land-based wind turbines can cause property values to plummet within two miles by 15% to 40%.

"There is a major difference between turbines in a power plant 10 miles from homes in the country to those that are less than one mile from homes in residential communities," she said. "But the sad fact is that whether a wind turbine is near a solo home in the country or in a more heavily populated area, the homeowner is going to see a significant loss in the value of his home.”


Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015