Bro Dyfi Community Renewables Judith Thornton. BDCR - Who we are Local community energy co-operative Established in 2001 Aim: to develop community-owned.

Slides:



Advertisements
Similar presentations
Financing Wind Transactions Financing Wind Power The Future of Energy IPED Conference July 25-27, 2007.
Advertisements

Presentation Warsaw, June Why to invest in renewable energy market? One of the fastest growing sector of Polish economy, boosted by subsidies and.
Laura Nicolson Training and Operations Development Officer.
Winner of a 2012 Ashden Award. Paul Phare – Development Manager How Community Energy Co-operatives Work.
South Glos Council Wednesday 25 September 2013 The benefits of community energy.
Ch 7: Type of Business Ownership
OBJECTIVE To raise £313,000 through a share offering, low interest loans and gift aid to fund a community hydro scheme at Harlaw Reservoir.
Making the Right Wind Power Investment University of Toronto Wind Workshop October 12th, 2005 Mike Crawley, President/CEO AIM PowerGen Corporation.
Community Energy Opportunities Jon Bell Business Development Manager Mosscliff Environmental Ltd.
Public meeting – February 17 th  Why are we doing this?  What is Green Energy Nayland?  The opportunity for investors  Questions.
Stock Market Game.
A Limited Company A Business owned by shareholders who each give the business money in exchange for Shares It is run by directors (who may also be shareholders)
LAWS Affecting Business Start-Ups
A sole proprietorship is a business owned and operated by one individual Disadvantages:  Sole proprietors have unlimited liability and are legally responsible.
TRANSITION ST ALBANS IS A GRASSROOTS INITIATIVE, HELPING ST ALBANS BECOME A SUSTAINABLE, LOW CARBON COMMUNITY, LESS RELIANT ON FOSSIL FUELS.
Low Carbon Energy Futures workshop Alison Lax Project Manager – Low Carbon Communities.
Community-owned Renewable Energy Sixways, Worcester 10 September 2014 Jon Hallé
How to Kick Start a Social Enterprise Joanne O’Brien T: E:
Chapter 2: Types of Businesses Forms of Business Ownership
Types of organisation.
 Business is owned and run by one individual  Nearly 76% of all businesses  Owner receives all of its profits and bear all of its losses.
Chapter 3 – Business Organizations Cook Spring 2010.
Types of Businesses Unit 1 Chapter 2.
Understanding Stocks. What is a stock?  A share in the ownership of a company  When you own stock, you are automatically an “owner”/”shareholder” in.
March 2010 Developing Community Hydro Schemes in Oxfordshire Alison Wilshaw Renewables Advisor TV Energy.
Business Types and Ownership
Iowa Wind Entrepreneurship Workshop Steps in Organizing, Utility Agreements, and Financing October 21, 2005 Iowa Community Entrepreneurship Academy Manning.
Helensburgh Community Development Trust Our future in our own hands Ian Fraser15 August 2014.
Working together for a better village. Steve Rhodes & Phil Norris Burton Business Club 13 th September 2011.
Nigel Brady Chairman 5 th December Drumlin Wind Energy Cooperative.
6.1 Capon: Understanding Organisational Context 2nd edition © Pearson Education 2004 Understanding Organisational Context 2e Slides by Claire Capon Chapter.
Money doesn't create man but it is the man who created money. -Warren Buffet.
How to deliver a Renewable Energy Project Jemma Benson CO2Sense Yorkshire.
Perpetual Energy Feb 2009 Rod Edwards Technical Director Perpetual Energy Ltd and Treasurer, Bro Dyfi Community Renewables Ltd.
Community Energy What is a community scheme ? Various options How our generation will change The community opportunity The Gwent Energy way Some of our.
1 Renewable Energy at Closed Landfills June 17, 2009 Jim Christo Massachusetts Renewable Energy Trust.
Steve Amphlett A Revolution in Energy Production.
YOUR CLUB, YOUR TRUST. Introductions & Welcome – Jon Bowkett A short video - Share Summary – James Mathie Reports Introduction – James Mathie Financials.
 Register with Companies House  Company is a “separate” legal person so far as the law is concerned – i.e. it is separate from its shareholders  Issued.
 What is a Bank?  What do a Bank?  To create generate capital market  To play effective role in the Economy by supplying capital.  To persuade quench,
Project Special Purpose Vehicle Company (SPV) - An Option
BUSINESS ORGANIZATIONS. SOLE PROPRIETORSHIPS What is the most common form of business? Sole Proprietorship, which is a business run by one person; smallest.
a way of making things that is arranged so each person performs one task again and again.
What are Community Shares ? A means to raise finance by offering shares in a Community Benefit Society (CBS). CBS shares don’t go up in value and are.
MIXED ECONOMY. A market economy primarily based on private enterprise where the government, however, plays an important role in regulating the system.
Cooperative Opportunity for Wind Development. State of Union speech  “it’s possible we could generate up to 20 percent of our electricity needs through.
Overview In order to address this issue, we will be setting up a small, local power company to provide local alternative energy. We will use wind energy.
Community Finance Partnerships Mick Brown Founder member, Robert Owen Credit Union Project Designer, Robert Owen CBP Manager, Robert Owen Community Banking.
Wind, Wind Power and Vestas Implementation of Wind Power.
Strictly Confidential © 2013 Innovation for Decarbonizing Development Neeraj Prasad Climate Change Partnerships and Knowledge – The World Bank Co-Chair.
Equity Versus Debt Debt Equity Credit Card ST Credit Facility Bank Loan Bond SharesVenture Capital Business Angels Creditors get: Periodic interest payments.
Unit 1: Exploring Business Activity Business Owners.
Energising your Budgets Bruce Pittingale Carbon Special Reserve
Gases released from power and manufacturing plants are considered a main contributor to global warming. This petrochemical plant spews flue gas at dawn.
Unit 1 Introduction to Business & Forms of Business Ownership.
Chapter 3 Business Organizations. Sole Proprietorship A business that is owned and managed by one individual who receives all the profits and bears all.
Legal Structures for Social Enterprise Nicola Dickins Make it Happen Consultancy.
Types of Business Organizations
Lim Sei cK. A sole proprietorship is a business entity owned by one person who is legally responsible for the debts and taxes of the business.
Scottish Government Support for Community Energy Chris Morris Local Energy Scotland.
Business Ownership. Owned & controlled by one person Most common type of business Found in wide range of activities.
Entrepreneurship CHAPTER 7 SECTION 2.  Corporation – business that is registered by a state and operates apart from its owners. 1.Ownership or equity.
Renewables in the UK 21 st March 2016 Nikki Brain and Ben Pearce, Power Up North London.
Identifying Different Types of Businesses  The first step in becoming an entrepreneur is to think about the type of business you want to start.  A manufacturing.
Community Power, Anna Francis, Frome Town Council, Frome Renewable Energy Co-op.
Private and Public Limited Companies
Business Organizations Chapter 3. Types of Business Organization Three ways modern businesses are organized Proprietorship- A business owned and ran by.
Solar Market Pathways Leadership Academy
Owning Your Community’s Renewable Energy Opportunities
Presentation for JRC Workshop on energy communities
Presentation transcript:

Bro Dyfi Community Renewables Judith Thornton

BDCR - Who we are Local community energy co-operative Established in 2001 Aim: to develop community-owned renewable energy projects 225 members/shareholders 6 directors

What we’ve done 75kW wind turbine owned by local shareholders. Generating since 2001 New project erecting 500kW turbine

Why community energy? Think global, act local Decentralise power generation Support local expertise and economy Local employment Income stream for local people Investment opportunity for those in despair!

Pwer pobl – our first turbine Second hand vestas machine from Denmark 75kW, 31.5 metres high Erected in local shareholders Supplies CAT with electricity, surplus to grid

How Formed as Dyfi Valley Community Wind Partnership, unincorporated association Public meetings, landowner negotiations, grant funding, feasibility, planning permission, business plans, raise money… put up turbine

Legal structure Started as an unincorporated association – Dyfi Valley Community Wind Partnership Limited liability legal entity required before commencing project Registered under Industrial & Provident Societies Act (as opposed to Companies): –One member one vote, regardless of shareholding

6.04% interest payment (2005)

Why did we do it again? New and experienced directors Excellent site available Initial share offer heavily over-subscribed We still believe!

Project details Grants, feasibility, business plan, bank loan, legal agreements, shares … £175,500 shares sold (£100 upwards) Total project value £348,500 NFFO, followed by PPA with electricity company 15 year lifespan

Turbine details Existing defunct turbine – the MS4 Reuse existing foundations – circumvents planning Second hand Nordtank machine from Germany Adapter plate to fit foundations and tower

Wider community benefits Relations within the community Local community energy fund: –Grant funding used to buy shares –Dividend into local energy projects administered by Ecodyfi –Light bulbs, community transport projects –Benefits beyond investors – social equity

Want to do it yourself? Expertise required: –Renewable energy –Project management –Legals –Finance, business planning –Grant funding

Watch this space Construction photo diary

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.