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Bank of Spain16 October 2026Documento de trabajo

Working Papers. 2639. Land concentration and large renewable energy projects

The Neural Herald summary, AI-generated

Working Paper showing, with data from six European countries, that concentrated land ownership facilitates the deployment of mega solar PV plants. A one standard deviation rise in concentration increases expected solar hectares by 62%, while the effect on wind farms is weaker.

Key points

Who is affected

Renewable developers, landowners and energy policymakers.

Plain-language version

A Bank of Spain study using data from six European countries shows that where land belongs to just a few owners, it is easier to build large solar farms. The effect on wind power is weaker. The downside is that the gains go to a few people, which can stir up local opposition.
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