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5 Key Considerations for Energy Developers Looking to Lease from States, Cities and Towns
Developers looking to site their next project often seek out opportunities offered by private parties and may be overlooking those available from state and local entities. Leasing from a public entity is not without its own complexities, but with proper planning and strategy including understanding their unique approval procedures, timelines and politics, a partnership with a municipal landlord is certainly worth considering.
Here are 5 key considerations:
1. Public-owned land can be an unexplored and fruitful opportunity for siting
Hundreds of millions of acres of land in the United States (nearly 40% of the country) is owned by federal, state and local governments. In some states, like Alaska and Nevada, the figure is over 80% which can mean significant opportunities for entrepreneurial energy developers to encounter lesser explored opportunities. While it is true that significant public land is set aside for preservation in national and state parks, recent efforts demonstrate the push toward having public lands opened for clean energy development, especially solar.
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