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wind turbine land rents

Last post Fri, Dec 30 2011 5:08 by peternikol. 17 replies.
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  • Fri, Nov 28 2008 13:03

    wind turbine land rents

    We have recently been approached by scottish power to potentialy put 4 large wind turbines, on our land, am keen to do our bit but wanted to knowwhat are peoples views about them as a company to deal with, and what returns should we be looking for per turbine?

  • Sat, Nov 29 2008 22:25 In reply to

    Re: wind turbine land rents

    recent deals suggest , for big ones £10k per turbine pa. doubling after 10 yrs.

  • Sun, Nov 30 2008 11:03 In reply to

    Re: wind turbine land rents

    thanks for that, they have been mentioning 5k per turbine, so good to get a comparitive!!
  • Sun, Nov 30 2008 13:35 In reply to

    Re: wind turbine land rents

    We have been aproached, through agents, just like almost everyone round here. They are sending maps with "potential" sites on them, and offering a small fee (about £1.50) an acre for a 2 year deal for exclusivity, but it must also be done by neighbours too. If this sounds familiar, its becuase they are sending it to loads of people. Take a view then if it is worth the money and read the paperwork as it does mention things like requiring their permission before selling land etc. Just seemed a bit like they were tying up land for the future as there is not a cats chance in hell of any turbines at our place. We complained that we would not sign as it also contaned what looked like a clause guarenteeing them the right to renew the deal for the same sum. They said they would arrange a meeting with all us in the propsed area but naught has happened yet.

    C'est de la bombe baby boom!
    -Seine-Saint-Denis Style-
  • Tue, Dec 2 2008 0:07 In reply to

    Re: wind turbine land rents

     You might want to check out the media website for Scottish Power. It may just be blatent PR, but you just might get some useful information.

    http://www.scottishpower.com/PressReleases.htm

    power your world with a wind generator
  • Sun, Dec 7 2008 18:13 In reply to

    Re: wind turbine land rents

    There are a few companies as others have said looking at potential land (or at least they were 2/3 months ago). Volkswind is one that appears to be scouting land. 10k - 20k p.a. are figures i have heard much as already given.

    I would be interested to hear of any successful objectoions to turbines - there was a letter in FW this week concerning noise pollution. Any examples would be gratefully appreciated.

     

     

    jj
  • Sat, Sep 26 2009 18:32 In reply to

    • nlys
    • Not Ranked
    • Joined on Sat, Sep 26 2009

    Re: wind turbine land rents

    sheeprace:
    I would be interested to hear of any successful objectoions to turbines - there was a letter in FW this week concerning noise pollution. Any examples would be gratefully appreciated.
     

    Not quite sure what you mean - there are successful objections to turbines all the time all over the country, mainly on visual grounds but also on residential amenity and unsatisfactory noise conditions.

    Just follow the UK feed of the Wind Watch website for a week or two to get a flavour of the level of objection  from communities and the relatively high level of rejection at local level (though schemes are often then passed on appeal due to Inspectors' interpretation of PPS22):

    http://www.wind-watch.org/news/category/locations/europe/

    It would also be useful if farmers also thought of their neighbours, local communities and the local economy, as well as the long term consequences of surrendering control of their land before snatching at the money.

    You might find that you are popular as a leper with BO and herpes if you damage your neighbours' property values and tourist businesses.

    In the case of a wind project that I know well, over £2 million in investment in local tourist businesses has been frozen for 5 years or permanently lost due to the power station application. Some houses are reckoned by a local surveyor to be presently unsaleable, and many others would only sell with a 20-30% discount on market value.

    The developers are proposing a so-called  'community fund' of only £25K a year (with no guarantee that it would even be spent in the local area). Of course the absentee landowner involved would get c. £72K per year, so you might think that that makes up for everyone else's misery.

    It should be remembered that landowners are jointly liable for any damage/nuisance caused by turbines for the 25 year period of the permission. Will the limited liability shell company set up by the developer still be around to clear up their junk at the end of that period? The Danes have found that recycling turbine blades is a seriously expensive problem :

    'Jakob Larsen, of Danish windmill manufacturer Vestas, confirmed that the blades typically end up on the scrap heap.

    "We took part in a project that set out to break down and crush the blades so they could be burned and create another source of energy. But it’s a commercially expensive solution," said Larsen.

     

    ...

    'Enron Wind, a former manufacturer of wind turbines, had previously estimated that it would cost 30 million kroner to decomission a 30-turbine wind farm, located seven kilometres out to sea.Windmills have become the symbol for an eco-friendly future of energy power. However, new studies show that they become a burden on the environment when no longer in service.' (Copenhagen Post, 12 September 2008).

    Finally, you may have heard of the Davis Family, they are bringing a private nuisance case against the operator and the landowner of the Deeping St. Nicholas wind turbine power station in Lincs. in the High Court next year. This is being paid for by a major home insurer, 

    Over 190 others around the country are awaiting the oputcome of this case and are expected to consider legal proceedings if the test case is successful.

     

     

     

  • Sun, Sep 27 2009 11:22 In reply to

    • He his-self
    • Top 50 Contributor
    • Joined on Sun, May 22 2005
    • North East Scotland

    Re: wind turbine land rents

    Lies from start to finish. As a turbine owner being compared to a leper is a new one, but par for the course from rabid anti wind disinformation fanatics. I have just got planning permission for another turbine, not a single objection. The only comment from the neighbours was "Why just one?"
    A casual stroll through the lunatic asylum shows that faith does not prove anything.
  • Wed, Aug 3 2011 9:23 In reply to

    • mmyzwsw
    • Not Ranked
    • Joined on Wed, Aug 3 2011

    Re: wind turbine land rents

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  • Wed, Aug 3 2011 11:28 In reply to

    • ewenique
    • Not Ranked
      Male
    • Joined on Sat, May 10 2008
    • New Zealand

    Re: wind turbine land rents

    @markhetherington1, Just wondering how you got on with your wind turbines? We are in NZ, so different market, but are about to sign a deal with an energy company to put 12 turbines on our farm up to 3 MW each. Seems the going rate for land owners here is approximately 3% of the gross income of the wind farm.

  • Wed, Aug 3 2011 18:54 In reply to

    • AllyR
    • Top 50 Contributor
      Male
    • Joined on Sun, May 22 2005
    • Scotland
    • Trusted Users

    Re: wind turbine land rents

         Mark, Why don't you consider putting up your own. You will be free from the legal problems brought on by dealing with Wind Generating Companies and keep all your land safely in hand. The tariffs are good at the moment, that is why all the prospectors are searching for sites. Do your homework and think about it. You may make more money that way.

    When in Rome, do as the Romans do.
  • Sat, Aug 6 2011 9:13 In reply to

    Re: wind turbine land rents

    hi

    the royalty rates sounds about right but you should be looking for an increase over the life of the project, also you may want to look for some disruption payment whist they are being built

    our problem is gettting them passed, dont know what your planners are like

  • Sun, Sep 4 2011 10:29 In reply to

    • MarvinH
    • Not Ranked
    • Joined on Sun, Sep 4 2011

    Re: wind turbine land rents

    We get so many proposals on this and I must say they all sound serious and tempting but how do I know the real wind potential in my area? I mean, can anyone refer me to a reliable site or some kind of a reliable and objective annual 'wind map' or whatever they call it, so I can check whether where I'm located worth any investment on that or not.

  • Sun, Sep 4 2011 16:26 In reply to

    • markw
    • Top 500 Contributor
    • Joined on Sun, May 22 2005

    Re: wind turbine land rents

    You should be able to find out your groundspeed wind on several sites, eg Met office, BWEA( recently changed name but cant remember to what) and yes2wind all have links. They are only indicative however and you need an 80m anemometer up for at least 12 months to be certain

  • Sun, Sep 4 2011 16:37 In reply to

    • markw
    • Top 500 Contributor
    • Joined on Sun, May 22 2005

    Re: wind turbine land rents

  • Thu, Oct 6 2011 17:25 In reply to

    Re: wind turbine land rents

    If they're within about 1000m of your house make sure it's enough to compensate you for the noise, shadow flicker, visual and environmental impact! If it's within 1000 - 2000 m of anyone elses house make sure it's enough to make up for the complaints about the above and the ill will during planning and thereafter if permitted. Do some research and proceed with caution. The wind developers are interested in one thing only .... money. You're just someone they have to get on side to so they can cash in. Unfortunately these big turbines are not the answer to our energy problems. Good luck.
  • Wed, Dec 21 2011 5:52 In reply to

    • collin2
    • Not Ranked
    • Joined on Wed, Dec 21 2011

    Re: wind turbine land rents

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  • Fri, Dec 30 2011 5:08 In reply to

    • peternikol
    • Not Ranked
      Male
    • Joined on Fri, Dec 30 2011
    • 500 S Greenlawn Ave, South Bend, IN 46615

    Re: wind turbine land rents

    markw:

    Google it a lot but was unable to find the details on it. Your link has served the need!

    Thanks!

     


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