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CP Case study: Bala Energy Co-operative

CP Case study: Bala Energy Co-operative
Speaker: Jeff Mole

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CP Case study: Bala Energy Co-operative

  1. 1. Enjoy the benefits of being in control of local renewable energy resources Community Power Finance Forum Presentation May 10, 2010 By Jeff Mole, Founder 1
  2. 2. Public Values and Impacts  Public land is needed for the proposal  Public endures the economic impacts  Water is a public resource  New hydropower is purchased by the public at incentivized prices,  FiT program incentive =$20 Million +/-.  Should development be for private benefit? 2
  3. 3. Three Options  No hydro facility at Bala Falls  A facility which takes the direct route through an "environmentally" sensitive area  Thorough study an indirect route with less “environmental” impacts. 3
  4. 4. MNR Review of Site Release Process  Phase 1 Completed April 19, 2010  Phase 2 Commences “later in 2010”  Time to get involved is now  Public interests may have to compete with private interests for use of public resources. 4
  5. 5. Environmental Screening Process  Too cumbersome and too time consuming  Not a substitute for good planning and public consultation.  Lacks a meaningful method of recognizing competing values  Protecting public values is a long and expensive process  Communities need to be proactive and in control of this process 5
  6. 6. Leadership & Development Tools  Provincial Waterpower sites are clearly identified • The waterpower resource atlas inventory represents areas in the province where there may be some hydrologic potential to produce waterpower.  Co-operative Model • Clearly defines purpose & objective • Investment and Finance Strategies • Apply for “Applicant of Record” status with MNR • Surplus funds support community wellbeing. 6
  7. 7. Provincial Leadership Role  Feed in Tariff Community “Adder”  Community Energy Partnerships Program  Infrastructure Ontario Loan Program.  Guaranteed capacity allocation  MNR Site Release programs  Community Power Loan Guarantee Program  A better resource identification and evaluation process is needed. 7
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  9. 9. Bala During Cranberry Festival 9