Electricity substation©Image Broker/Rex Shutterstock
Farmers with land bordering electricity substations could have a lucrative business opportunity. Strutt & Parker energy specialist Robert Paul explains. What is the opportunity? The electricity grid needs sites for diesel-powered generators, which can act as an immediate backup when there is a surge in demand for electricity or if a power plant is having problems. These are called short-term operating reserve (Stor) sites. Who might benefit? Landowners next to a 33kV or bigger substation can lease land to a […]