Agricultural Economics Department

 

Cornhusker Economics

Date of this Version

1-21-2010

Document Type

Article

Comments

Published by the Department of Agricultural Economics, University of Nebraska – Lincoln. Copyright 2010 Regents of the University of Nebraska.

Abstract

Many Nebraska farmers and rural landowners are receiving offers to purchase wind energy leases. However, landowners have little information regarding wind lease rates in Nebraska, and wind leases are relatively new in the state. Some rural advocates suggest that landowners pool their interests in what are called Landowner Wind Energy Associations (LWEAs). LWEA advantages include information pooling and the ability to solicit wind energy development proposals meeting LWEA specifications from wind energy developers. This newsletter takes a quick look at LWEA advantages, LWEA operating agreement provisions and LWEA wind energy development requests for proposal provisions.

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