RICS Knowledgebase

For the valuation of renewable energy assets there is the RICS Professional Standard on Valuation of Assets in the commercial renewable energy sector 

The Red Book Global Standards cover a large range of asset classes and whilst they do not specifically mention wind turbines they would be in scope of this standard.

Where no visible market exists and so no transparent comparable transaction data exists and given a big component of the value may likely be plant and equipment (in addition to the real estate and land approach), the  depreciated replacement cost approach methodology may be appropriate. The Global Red Book refers to this approach but RICS also has a separate DRC Guidance Note

#Valuation

#Energy

#Renewables