Considerations for Future Utility Scale Solar Farm Developments
Considerations for Future Utility Scale Solar Farm Developments
An effort to rely on renewable resources instead of nonrenewable has the potential to meet the increased global demand for electricity. Both solar and wind energy have the potential to offset a significant fraction of non-renewable electricity demands, yet it occupies extensive land when deployed at levels large enough to meet global demand. With continuing cost declines, led by federal and state incentives, solar power is playing an increasingly important role in how states meet their energy needs. There is growing concern that large renewable energy installations will displace other land uses. This brief explores the considerations for individual farmers, communities, and local leaders before any final decisions are made and/or contracts signed.
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Management & Finance