UpWind has announced the deployment of Vortex Generator technology at six BP wind projects.

These upgrades are projected to increase energy production by one to three percent, annually.

Improvements like this may result in increased project owner power production and thus also (potentially) landowner revenue under a turbine lease or easement.

For a landowner paid on a royalty basis, this could have a meaningful effect on the value of the lease revenue stream.

In a sample, hypothetical analysis we performed, where we presumed 5.4 installed megawatts, NPV increased by approximately $14,000.00 with a three percent increase in production.

http://www.upwindsolutions.com/blog/bid/403636/UpWind-Installs-Vortex-Generators-To-Increase-Energy-Production

We are pleased to have published an article in the Realtors Land Institute’s Terra Firma 2015 Winter Edition. The article generally discusses the issues related to wind turbine lease revenue valuation. Please feel free to call or write us with any questions about the article or about any wind turbine revenue valuation issues.

http://www.rliland.com/terra-firma-for-members?servId=3900

Although not the first, PGE has commissioned new fast-ramping gas-fired generation intended (in part) to facilitate wind integration. This trend suggests wind’s long-term place in a utility’s power generation mix.

http://www.wartsila.com/en_US/news-releases/Wind-Integration-Plant-Operational-Oregon

http://www.contracostatimes.com/contra-costa-times/ci_26940235/altamont-pass-poised-usher-next-30-years-wind

Increased output may result in increased revenue to these project landowners hosting GE 1.5 MW machines. It will be interesting to watch for additional projects employing this platform.

http://www.genewsroom.com/press-releases/first-wind-selects-ge%E2%80%99s-wind-powerup-platform-increase-output-us-wind-farms-278752