Study: Wind power projects don't impact property values
Research at DOE's Lawrence Berkeley National Laboratory finds no widespread impact of wind power projects on surrounding residential property values.
The Dept. of Energy's (DOE) Lawrence Berkeley National Laboratory has released a technical analysis of wind energy facilities' impacts on the property values of nearby residences. The research, funded by DOE's Wind and Hydropower Technologies Program, is the most comprehensive and data-rich analysis on the subject to date.
Using a combination of different analytic approaches, the investigation finds no evidence that prices of homes surrounding wind facilities are consistently, measurably, and significantly affected by either the view of wind facilities or the distance of the home to those facilities. Though the analysis cannot dismiss the possibility that individual homes or small numbers of homes have been or could be negatively impacted, it finds that if these impacts do exist, their frequency is too small to result in any widespread, statistically observable impact.
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey