Community heat schemes

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Presentation at Petersfield Renewable Energy Day 8 October 2011

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  • Anecdote about Pennerley pub vote
  • Community heat schemes

    1. 1. Energy4All<br />UK’smainincubator of community-scalerenewableenergyco-ops<br />Formed 2003<br />Workingwithwind, hydro, biomass, biogas, PV<br />7 windco-ops<br />~6000 co-opmembers<br />~£15m invested<br />
    2. 2. Community ownership<br /><ul><li>The right scale to make a difference to CO2
    3. 3. Support local economy, local control
    4. 4. Create ethical investment opportunity
    5. 5. Engage people with renewables
    6. 6. Replicable model</li></li></ul><li>Westmill Wind Co-op<br />First 100% community- owned wind farm in SE England <br />5 x 1.3MW turbines<br />Capital raised by co-op share issue<br />£4.4m from 2000 shareholders<br />Development cost taken by farmer <br />Turbines erected Jan 2008<br />
    7. 7.
    8. 8. West Midlands Renewable Energy <br />We are here<br />
    9. 9. Each Project:<br />Members<br />3-12<br />Supporters<br />10-80<br />Sharenergy Projects 2010<br />
    10. 10. Sharenergy<br /><ul><li>£750,000 over 3 years from RDA
    11. 11. Revolving Investment Fund
    12. 12. Development funding
    13. 13. Repayable on success
    14. 14. Rural West Midlands Only
    15. 15. Multi technology (wind, hydro, biomass, biogas, PV)
    16. 16. Led by Community Groups
    17. 17. FiTs (& RHI) enable new models</li></li></ul><li>Medium scale wind<br />Smaller wind farms, single generators or installations in lower wind speed areas<br />
    18. 18. Biomass projects<br />Heat and power or just heat from locally sourced wood fuel.<br />
    19. 19. Anaerobic digestion<br />Biogas digesters using waste from local homes, food businesses and farms<br />
    20. 20. Small hydro<br />Run-of-river hydro schemes<br />
    21. 21. Community PV<br />Large roof or ground mounted arrays<br />
    22. 22. Financing the project<br />Construction costs<br /><ul><li>Turbines, panels, etc
    23. 23. Groundworks
    24. 24. Grid connection
    25. 25. Installation</li></ul>Development costs<br /><ul><li>Initial assessment
    26. 26. Feasibility work
    27. 27. Technical assessments
    28. 28. Planning and Permitting
    29. 29. Legals
    30. 30. Co-op setup
    31. 31. Marketing</li></ul>Risk-o-meter<br />Highest<br />Lowest<br />
    32. 32. Construction costs<br /><ul><li>Grant
    33. 33. Renewable Energy
    34. 34. Community
    35. 35. Loan
    36. 36. Bank
    37. 37. Other lender
    38. 38. Private investment
    39. 39. Venture capital
    40. 40. Co-operative share offer</li></li></ul><li><ul><li>Grant
    41. 41. Renewable Energy
    42. 42. Community
    43. 43. Loan
    44. 44. Bank
    45. 45. Other lender
    46. 46. Private investment
    47. 47. Venture capital
    48. 48. Co-operative share offer</li></ul>Construction costs<br />FiT compatibility<br />Size / Recession<br />Security / Proportion<br />Who has the money?<br />Want a big return, 10-20%<br />Proven model<br />
    49. 49. Development costs<br /><ul><li>Grant
    50. 50. Renewable Energy
    51. 51. Community
    52. 52. Loan
    53. 53. Bank
    54. 54. Other lender
    55. 55. Private investment
    56. 56. Venture capital
    57. 57. Co-operative share offer</li></li></ul><li>Development costs<br /><ul><li>Grant
    58. 58. Renewable Energy
    59. 59. Community
    60. 60. Loan
    61. 61. Bank
    62. 62. Other lender
    63. 63. Private investment
    64. 64. Venture capital
    65. 65. Co-operative share offer</li></ul>FiT compatible if not for capital <br />Multiplier effect<br />No Security<br />Soft Loan?<br />Too risky<br />Too risky usually<br />
    66. 66. Development costs<br /><ul><li>Grant
    67. 67. Renewable Energy
    68. 68. Community
    69. 69. Loan
    70. 70. Bank
    71. 71. Other lender
    72. 72. Private investment
    73. 73. Venture capital
    74. 74. Co-operative share offer</li></ul>FiT compatible if not for capital <br />Multiplier effect<br />No Security<br />Sharenergy<br />Soft Loan?<br />Too risky<br />Energy Prospects<br />Too risky usually<br /><ul><li> Partnership with developer</li></li></ul><li>330kW wind turbine<br />Reduce CO2 ✓<br />Ethical local investment ✓<br />Involve people in renewables✓<br />Other income ?<br />7%<br />Target return for raising £1m: 10%<br />
    75. 75. Cutting out: <br />Dream land economics<br />Lack of risk finance<br />Proven co-op model<br />Vague feasibility studies<br />The Pot<br />Overpriced consultants<br />Action Plans<br />Do-it-yourself<br />
    76. 76. DIY<br />Join our network for info and discussion:<br />www.sharenergy.coop/network<br />Sign up for Energy Steps to get up and running<br />www.energysteps.coop<br />Trial our brand new Wind Pack or tell us about your projects and what you need<br />jon.halle@energy4all.co.uk<br />NEW VERSION 2011<br />

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