By Blake Jackson
Large-scale solar facilities play a crucial role in New York State’s pursuit of ambitious climate and renewable energy objectives. However, these developments often require converting agricultural or rural land into solar energy installations, raising concerns about their impact on property values in the region.
A webinar hosted by Eastern New York Commercial Horticulture will address this very issue. On December 9, 2024, from 12:00 to 1:00 PM, agricultural and extension economist Wendong Zhang from Cornell Dyson School will present recent research findings on how large-scale solar facilities affect both residential and farmland property values.
Zhang's research specifically examines the consequences of solar energy infrastructure on property values for homeowners and landowners in rural areas.
With the rapid growth of solar energy, understanding its economic impact is vital for farmers and rural communities that may face challenges from land conversion.
For those interested in this topic, the webinar will provide insights into the financial implications of solar development in agricultural regions. To read the full paper on this research, visit https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4942012.
To register for the webinar, visit https://cornell.zoom.us/webinar/register/WN_P2u0VvcyQ36Y6IyYmr81cQ#/registration.
Photo Credit: istock-simplycreativephotography
Categories: New York, Energy