Economic and environmental concerns have popularized renewable energy projects as a source of electricity generation. The price of electricity generated by wind or solar power is more competitive today than ever before.
Yet development of renewable energy projects is limited by existing transmission capacity. Without increased infrastructure, the full benefits of wind and solar power cannot be realized.
Efforts to increase transmission capacity are routinely delayed by siting challenges, including eminent domain. This paper considers current procedures used in electric transmission siting and evaluates application of a new method of landowner compensation, the Special Purpose Development Corporation.
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