FARMING THE WIND - WIND POWER AND AGRICULTURE
THE WIND RESOURCE
In theory, the wind could produce as much as six times current U.S. electricity use. Some of the best wind resources in the U.S. are located on farmland; especially in the plains states.
The market potential for wind also depends on the cost. The cost of producing wind power has fallen by as much as 90% since 1980.
HOW THE WIND CAN HELP FARMERS
Farmers and ranchers are in a unique business position to benefit from the growth in the wind industry. To tap this market, farmers can lease land to wind developers, use the wind to generage power for their farms or become wind power producers themselves.
WORKING WITH WIND DEVELOPERS
One of the best and most attractive ways for farmers to benefit from wind power is to allow developers to install large wind turbines on their land. The royalties are typically around $2000 per year for each turbine.
OWNING A TURBINE
Farmers and ranchers can generate their own power from the wind, just as farmers and ranchers did in the 1930's and 40's.
THE FARMER AS WIND DEVELOPER
A third opportunity for farmers and ranchers or a group of farmers lies in the opportunity to become a wind developer who produces power to sell to others. Electric companies increasingly buy their power from independent power producers rather than generating it themselves.
Equity Energy Resources offers complete Wind Power project management or selected services to help make profitable decisions and get the job done.