Great British energy community energy fund approx 40k
Bath and west community energy
- Kate sweet and nick bird@bwce.coop
- skye. Frewin (not present)
Structures:
- Recommend community benefit society, sim to coop
- Regulated by FCA
- recent issue at 5.75%
- for profit
- AGM decides on benefits, target carbon reduction and warm homes
campaigning for direct sale of energy
EST 2010 out of transition bath and transition Corsham
raised 25m, 15m community, 10m triodos
new 5 year plan
- increase community renewables
- sell local energy
- increase surplus
- expand retrofit
- increase participation
fairy hill solar farm (Compton dando)
- 3b grade land, “can’t do anything with it”
- permissive access
- 4.5 acres
- 2mw equivalent to 800 homes
- energy local club
- ring fenced benefit
chelwood solar farm
- 5mw, 22 acres
2022 3 engagement processes begun in Banes
- don’t know what outcome is yet
not looking at roof top solar in this process
- tool to show substantial benefit to ground solar and wind
have met returns so far
try to develop sites with grants, investors pay for build
800 per mw solar 12-1400 for wind
returns1k solar 2.2 wind
Very rough figures
Turbines go to 150m to tip, tend to be getting larger for obvious reasons
Is it possible to use mod, tend to be open to the idea
John Malone empowered projects out of digital mansion Isabella