High-voltage overhead transmission lines and farmland value: Evidences from the real estate market in Apulia, southern Italy
Ruggiero Sardaro,
Francesco Bozzo and
Vincenzo Fucilli
Energy Policy, 2018, vol. 119, issue C, 449-457
Abstract:
The construction of high-voltage overhead transmission lines on farmland implies a permanent easement, involving expropriation of land and depreciation of the remaining farm area. The Italian system operator should pay compensation for both aspects, but recognizes only the former. Therefore, landowners often appeal to the law courts and claim compensation for the depreciation of the entire non-occupied area, often obliging the system operator to pay substantial amounts. This delays the provision of new power lines and increases their respective costs.
Keywords: High-voltage overhead transmission lines; Farmland value; Easement; Compensation; Apulia (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:119:y:2018:i:c:p:449-457
DOI: 10.1016/j.enpol.2018.05.005
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