April 15, 2024
The U.S. Bureau of Land Management (BLM) recently published its final rules regarding leasing and rental rates for renewable energy projects on public lands.
The new rules will reduce rents and fees for renewable energy projects through 2035 and eliminate duplicative payments for renewable energy developers. They will also extend lease terms for renewable projects to 50 years. In addition, the rules will remove competitive leasing requirements in priority development areas and make it easier to develop standalone energy storage projects on public lands.
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