A new study shows that wind farms have a small but temporary negative impact on nearby property prices.
A new study will undoubtedly fuel the debate over how wind energy projects impact surrounding communities, writes Dan Gearino in Inside Clean Energy. The study reveals that “properties within a mile of a proposed wind farm experience an average decrease in value of 11 percent following the announcement of the project, compared to properties located three to five miles away.” However, the effect is only temporary, and “the difference fades away a few years after the project is operational to the point that properties within a mile of a project have values that are indistinguishable from those three to five miles from a project.”
Researcher Ben Hoen says the paper doesn’t account for the potential benefits of wind farms, which could bring new revenue and jobs to local communities and reduce local taxes. “The paper also finds that the negative effects on property values were apparent for wind farms near metro areas, while the effects were not apparent outside of metro areas.”
FULL STORY: Do Wind Farms Really Affect Property Values? A New Study Provides the Most Substantial Answer to Date.
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New York Offshore Wind Farm Offers Hope for Nascent Industry
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Ohio Counties Can Now Ban Renewable Energy Projects
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Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
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North Texas Transit Leaders Tout Benefits of TOD for Growing Region
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Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.
Private Donations Propel Early Restoration of Palisades Playground
Los Angeles has secured over $1.3 million in private funding to restore the Pacific Palisades playground months ahead of schedule, creating a modern, accessible space that supports community healing after recent wildfires.
From Blight to Benefit: Early Results From California’s Equitable Cleanup Program
The Equitable Community Revitalization Grant (ECRG) program is reshaping brownfield redevelopment by prioritizing projects in low-income and environmental justice communities, emphasizing equity, transparency, and community benefits.
Planting Relief: Tackling Las Vegas Heat One Tree at a Time
Nevada Plants, a Las Vegas-based nonprofit, is combating the city’s extreme urban heat by giving away trees to residents in underserved neighborhoods, promoting shade, sustainability, and community health.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
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Borough of Carlisle
Institute for Housing and Urban Development Studies (IHS)
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Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service