Do wind farms impact property value?

Offshore wind farms are generally located far out at sea with very little impact on the view. In these cases, studies reveal that offshore wind has little to no influence on property prices.

Do oceanside properties lose value with an offshore wind farm nearby?

Fact:

Studies have found that property prices are generally not affected by offshore wind farms located far out at sea.

Study finds property prices unaffected by offshore wind

In 2018, a large-scale study analyzed the impact of onshore and offshore wind turbines on the value of nearby residential and vacation properties in Denmark, a country that has had offshore wind for 30 years. 1

It concluded that having an ocean view including a wind farm had no significant impact on property prices, in comparison to having a sea view without a wind farm.

Offshore wind turbines juxtaposed with homes on shore represent the limited impact of offshore wind on property values.

Skipjack 2 delivers clean energy – from a distance

The study included two Danish offshore wind farms that are relatively close to the shore – Nystad at 2.2 miles and Rødsand 5.6 miles. In neither case were property prices affected by the presence of offshore wind farms.

By comparison, Skipjack Wind 2 will be at least 20 miles from the Maryland coast, making it less visible from oceanside properties.

Comparison of the distance from shore of U.S. offshore wind farm Skipjack 2 (20 miles) vs. European projects (2-6 miles).

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Several offshore wind turbines juxtaposed with onshore energy sources, showing the reliability of offshore wind energy.

Is offshore wind power reliable?

Offshore wind is a highly reliable energy source. Wind turbines are able to generate clean energy out at sea, even when it seems calm from the shore.

A fishing boat and fish pass by offshore wind turbines, showing how offshore wind can coexist with commercial fishing.

Can offshore wind and commercial fishing coexist?

We work closely with the fishing industry when planning, building and operating our wind farms, ensuring peaceful coexistence.

A bird resting on a tree branch facing offshore wind turbines shows how seabirds can coexist safely with offshore wind.

Do wind turbines hurt birds?

Wind turbines pose only a tiny danger to birdlife. Far greater is climate change, which threatens many species with extinction.

Illustration of wind turbine blades on shore and an offshore wind turbine <a href= at sea shows how turbines can be recycled. " />

Can wind turbines be recycled?

When wind turbines eventually reach the end of their lifespan, we recycle 85 to 95% of what they’re made of.

An offshore wind turbine by an onshore factory emitting carbon represent the limited carbon footprint of offshore wind.

What is the carbon footprint of offshore wind?

Emissions from building turbines are vastly outweighed by those saved through generating offshore wind power.

Close-up of an Ørsted offshore wind turbine, explaining how to <a href= reliably transform offshore wind into clean electricity." />

What is offshore wind power?

Offshore wind power explained

How we capture the power of the wind at sea to produce clean, reliable electricity

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The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Ørsted is recognised on the CDP Climate Change A List as a global leader on climate action and was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets initiative (SBTi). Headquartered in Denmark, Ørsted employs approx. 8,400 people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). In 2023, the group's revenue was DKK 79.3 billion (EUR 10.6 billion).