Ecopower

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Ecopower

  1. 1. Ecopower cvba Symposium Cera Leuven, 4 december 2008 Relinde Baeten Bestuurder Ecopower cvba
  2. 2. Ecopower's identity card <ul><li>° 1991 </li></ul><ul><li>Three aims: </li></ul><ul><ul><li>Investing in RE projects </li></ul></ul><ul><ul><li>Promoting REU and RE </li></ul></ul><ul><ul><li>Supplying electricity to members (since 2003) </li></ul></ul><ul><li>Cooperative identity is important </li></ul><ul><li>Investments in wind, small hydro, photovoltaic, biomass-cogeneration </li></ul>
  3. 3. Membership - Participation <ul><li>Share: 250 euro – periods of 6 years (stability) </li></ul><ul><li>Yearly 6% dividend on the investment </li></ul><ul><li>Sharing in collective resources </li></ul><ul><li>Pains & gains for citizens </li></ul><ul><li>More support for RE/REU </li></ul><ul><li>Ethical investment </li></ul><ul><li>One vote in GA </li></ul><ul><li>16 815 shareholders </li></ul><ul><li>53 043 shares </li></ul>
  4. 4. Electricity supply <ul><li>Only for members </li></ul><ul><li>End of 2008: </li></ul><ul><ul><li>41 million kWh </li></ul></ul><ul><ul><li>0,5% households </li></ul></ul><ul><ul><li>13.951 clients </li></ul></ul><ul><ul><li>4.362 new </li></ul></ul><ul><ul><li>Fixed and transparent price: 0,17 euro/kWh </li></ul></ul>
  5. 5. Electricity supply (2) <ul><li>Transparent and fixed price: 0,17 euro/kWh </li></ul><ul><ul><li>No additional or fixed fees </li></ul></ul><ul><ul><li>Favouring light users and self producers (e.g. solar) </li></ul></ul><ul><ul><li>No difference between peak hours/low hours </li></ul></ul><ul><ul><li>Main aim: service for shareholders </li></ul></ul><ul><li>Circle is closed </li></ul><ul><ul><li>Shareholders own the projects </li></ul></ul><ul><ul><li>Can buy electricity of 'their' projects </li></ul></ul><ul><ul><li>People wanting to become 'customers' – become shareholders first </li></ul></ul>
  6. 6. Evolution Ecopower <ul><li>2005 2008 % </li></ul><ul><li>Capital 5.446.500 13.261.500 243 </li></ul><ul><li>Turnover 3.561.119 9.989.829 281 </li></ul><ul><li>Return 360.562 1.514.220 420 </li></ul><ul><li>Personnel 4,5 11 244 </li></ul><ul><li>Reserve 589.238 2.892.392 491 </li></ul>
  7. 7. Challenges and strengths <ul><li>Challenges </li></ul><ul><ul><li>Development planning limitations and competition: </li></ul></ul><ul><ul><li>Explaining and making clear the cooperative model (vs. weak imitations, even with calls for tender) </li></ul></ul><ul><li>Strengths </li></ul><ul><ul><li>Solid financial basis </li></ul></ul><ul><ul><li>Shareholders are everywhere! Playing a role in spotting possibilities, local acceptance, influencing local authorities... </li></ul></ul><ul><ul><li>Some projects are worthwhile for EP – not for others </li></ul></ul><ul><ul><li>The circle is closed: investing – owning – consuming – (saving) </li></ul></ul>
  8. 8. Ecopower-scenario <ul><li>All household users: exclusively green electricity </li></ul><ul><li>REU: first step! </li></ul><ul><li>By 2020: </li></ul><ul><ul><li>2000 MW wind (land) </li></ul></ul><ul><ul><li>800 MW solar </li></ul></ul><ul><ul><li>120 MW hydro </li></ul></ul><ul><ul><li>280 MW biogas </li></ul></ul><ul><ul><li>1100 MW Cogen buffering warmth! </li></ul></ul><ul><li>5 MW/municipality (4000u)‏ </li></ul>
  9. 9. Scenario
  10. 10. Meeting challenges - sharing strengths European cooperation <ul><li>Importance of cooperation between cooperatives </li></ul><ul><li>Ongoing contacts </li></ul><ul><li>Hopeful for the future </li></ul><ul><li>This seminar: a start for further cooperation... </li></ul>

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