Download - Community heat schemes
![Page 1: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/1.jpg)
Energy4All
• UK’smainincubator of community-scalerenewableenergyco-ops
• Formed 2003
• Workingwithwind, hydro, biomass, biogas, PV
• 7 windco-ops
• ~6000 co-opmembers
• ~£15m invested
![Page 2: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/2.jpg)
Community ownership
• The right scale to make a difference to CO2
• Support local economy, local control
• Create ethical investment opportunity
• Engage people with renewables
• Replicable model
![Page 3: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/3.jpg)
Westmill Wind Co-op• First 100% community-
owned wind farm in SE England
• 5 x 1.3MW turbines
• Capital raised by co-op share issue
• £4.4m from 2000 shareholders
• Development cost taken by farmer Turbines erected Jan 2008
![Page 4: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/4.jpg)
![Page 5: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/5.jpg)
West Midlands Renewable Energy
We are here
![Page 6: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/6.jpg)
Sharenergy Projects 2010
3-12
10-80
Members
Supporters
Each Project:
![Page 7: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/7.jpg)
Sharenergy
• £750,000 over 3 years from RDA
• Revolving Investment Fund
• Development funding
• Repayable on success
• Rural West Midlands Only
• Multi technology (wind, hydro, biomass, biogas, PV)
• Led by Community Groups
• FiTs (&RHI) enable new models
![Page 8: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/8.jpg)
Smaller wind farms, single generators or installations in lower wind speed areas
Medium scale wind
![Page 9: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/9.jpg)
Heat and power or just heat from locally sourced wood fuel.
Biomass projects
![Page 10: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/10.jpg)
Biogas digesters using waste from local homes, food businesses and farms
Anaerobic digestion
![Page 11: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/11.jpg)
Run-of-river hydro schemes
Small hydro
![Page 12: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/12.jpg)
Large roof or ground mounted arrays
Community PV
![Page 13: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/13.jpg)
Financing the project
Construction costs• Turbines, panels, etc
• Groundworks
• Grid connection
• Installation
Development costs• Initial assessment
• Feasibility work
• Technical assessments
• Planning and Permitting
• Legals
• Co-op setup
• Marketing
Highest LowestRisk-o-meter
![Page 14: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/14.jpg)
Construction costs
• Grant
• Renewable Energy
• Community
• Loan
• Bank
• Other lender
• Private investment
• Venture capital
• Co-operative share offer
![Page 15: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/15.jpg)
• Grant
• Renewable Energy
• Community
• Loan
• Bank
• Other lender
• Private investment
• Venture capital
• Co-operative share offer
Construction costs
FiT compatibility
Size / Recession
Security / Proportion
Who has the money?
Want a big return, 10-20%
Proven model
![Page 16: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/16.jpg)
Development costs• Grant
• Renewable Energy
• Community
• Loan
• Bank
• Other lender
• Private investment
• Venture capital
• Co-operative share offer
![Page 17: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/17.jpg)
Development costs• Grant
• Renewable Energy
• Community
• Loan
• Bank
• Other lender
• Private investment
• Venture capital
• Co-operative share offer
FiT compatible if not for capital
Multiplier effect
No Security
Soft Loan?
Too risky
Too risky usually
![Page 18: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/18.jpg)
Development costs• Grant
• Renewable Energy
• Community
• Loan
• Bank
• Other lender
• Private investment
• Venture capital
• Co-operative share offer
FiT compatible if not for capital
Multiplier effect
No Security
Soft Loan?
Too risky
Too risky usually
Sharenergy
Energy Prospects
• Partnership with developer
![Page 19: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/19.jpg)
330kW wind turbine
Maintenance
Land rental, rates
Insurance
Admin
Depreciation (20 yrs)
Interest
Members Return
7%
Capital 750000
Income 150000
Maintenance 10000
Land rental, rates 15000
Insurance 10000
Admin 10000
Depreciation (20 yrs) 37500
Interest 15000
Members Return 52500
Reduce CO2 ✓Ethical local investment ✓Involve people in renewables✓Other income ?
Target return for raising £1m: 10%
![Page 20: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/20.jpg)
Cutting out:
Overpriced consultants
Vague feasibility studies
Dream land economics
Proven co-op modelLack of risk finance
The Pot
Action Plans
Do-it-yourself
![Page 21: Community heat schemes](https://reader033.vdocuments.us/reader033/viewer/2022060202/559ce51d1a28ab370b8b45f5/html5/thumbnails/21.jpg)
DIY
Join our network for info and discussion:www.sharenergy.coop/network
Sign up for Energy Steps to get up and runningwww.energysteps.coop
Trial our brand new Wind Pack or tell us about your projects and what you [email protected]