Creating Local Energy Agamemnon Otero Chief Executive

Content 1.Who we are 2.What we do 3.Our vision 4.Our services 5.Our

Who we are REPOWERING is a not-for-profit organisation Creating local energy: We specialise in co-producing community-owned renewable energy projects Our team:  Dedicated employees working collaboratively alongside enthusiastic volunteers  We have the essential technical, financial, legal and project management expertise needed to ensure successful

4 How it

Why Brixton? Lambeth is the 5th most deprived area in London and the 25th most deprived in UK As a key focal point within Lambeth, Brixton gave us the chance to address some serious problems Brixton Energy Solar 1 & 2 & 3 Goals:  To allow people to invest in themselves & their community  To allow people to gain financially through socially responsible investment  To promote energy efficiency through education, home energy audits, etc  To provide apprenticeships and work experience for local people …it’s all about

Engagement Asking what people want. Include them in the solution. Embed them in the feed back loops. Work for… Local Residents Vulnerable youth Job seekers Lowering bills… Energy switching Energy Efficiency workshops Solar panel making workshops Generate funds

Our vision Before... After... To create resilient, empowered communities that control and own the generation and usage of renewable energy To support wide-scale development of community-owned renewable energy projects across London To put it another

The potential… Research by Camco & Baker Tilly estimates the potential for over 3.5 GW of community-owned renewables in England, Scotland & Wales 7 Trillion pounds of housing stock in the UK. 3 Social 2 Private 2 business At Repowering, we want to help you deliver your own community owned renewable energy

Project benefits… Social return Renewable Energy Co-operatives are created, owned and managed by the local community Support and training for vulnerable youth, local residents and job seekers Paid apprenticeships and internships, providing opportunities to gain valuable skills and experience Tackling fuel poverty through energy efficiency initiatives, such as home energy audits Financial Return Highly competitive ROI: Each project delivers a return of 3-5% per annum back to shareholders Renewable energy infrastructure capital costs are funded through community share offer Resilience to energy price shocks: Energy resold for communal usage at up to 20% discount Ring fenced funds created for allocation within the community Environmental return Renewable energy infrastructure created Clean, green, renewable energy generated Reduction in the borough’s carbon footprint Reduced energy consumption locally, following community engagement and energy efficiency initiatives Each project typically delivers kWh solar PV array installed 37,500 kWh generated p.a. 20 tCO 2 per annum 10 paid work experience placements 15 internships 20 Energy Audit “Train the trainer” workshops 100 energy surveys, 10 Home energy audits Over 5,000 residents engaged

Repowering Experience At Repowering, we can help you with all of this. …We’ve already done it (three times)! 1st Inner City Cooperatively Owned Solar PV station in UK 1st Co-op Renewable Power Station on Social Housing in UK 1st Co-op to imbed & ring fence a social aims fund in UK 1st Co-op to set up as carbon trader in UK 1st Energy project to accept local currency B£ in the World ProjectsPartnersAwards &

Final thought “I just hope other estates can have this too!” - Shemsa Guri

Thanks for your time Agamemnon Otero Co-founder & C.E.O. +44 (0)