@lowcarbonhub www.lowcarbonhub.org.

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Presentation transcript:

@lowcarbonhub www.lowcarbonhub.org

Why Oxfordshire? Big fossil….. In Oxfordshire we can see this big change happening……

….makes way for….. In Oxfordshire we can see this big change happening……

….big solar…..? 14/07/2019

The reality Low carbon energy wealth 14/07/2019 At capacity primary substation New housing Low carbon energy wealth 14/07/2019

Barbara or Malcolm Other projects might focus on the ‘local community’ box, or on the ‘DSO box’. WP5 will deliver the data exchange arrows in the box on lower RHS. LEO allows us to delve into the box marked ‘Aggregator’ – with WP2 understanding the interactions within this box and the impact of multiple data flows to the local market. WP4 will use our outputs to better plan for the whole system… WP3 is represented by the increased number of community actors shown across the top box; through LEO we can deliver more flex assets and understand the information flows required here (i.e. draw red lines in that space)…for example (next slide)

Photo: Lois Muddiman Welcome to West Oxford. Community built around a river – complicated relationship. Photo: Lois Muddiman

In the beginning… Hub develops, installs and manages renewable energy assets Investors become shareholders in the Hub Income generated is split into three ways: cheaper and clean electricity for the host and associated CO2 reduction - In the case of schools is also a powerful educational resource investors get a fair return on their investment and a stake in local renewable energy generation – a valuable asset The community benefit, which is used to as direct help to other community projects such as Abingdon Hydro, Goring and Streatley Hydro, Southill Solar to name a few and to help develop new, innovative ways to deploy community energy such as Woodshare presented by Tom Curtis, or local balancing with Energy Local presented by Mary Gillie This is local investment that stays local This is money that otherwise would be siphoned off the local economy – part of our current electricity price consists of dividends paid to international investors With this model the money stays local and creates a carbon cutting chain of benefits

1892

Heart and head. Financials make sense. West oxford model – intellectually engaging Romance. Reconnecting with our industrial heritage More – waterways of oxford were my playground growing up River integral part of the city’s history (even referenced in its name – not many oxen being forded these days) Want to celebrate our relationship with the river Oxford grew up around a river and for years we relied on it for trade and industry. I love the idea of working with the river again, bang opposite the city’s first power station, but this time using new clean technology. Saskya Huggins, Director