Laura Nicolson Training and Operations Development Officer
Community Renewables Confidence, resilience and wealth at community level
Post planning and financing (1.55pm to 2.35pm) 40 minutes Laura Nicolson, Community Energy Scotland, will look at the development that is needed after planning is consented. This session will take a look at aspects of the project development required, focusing on options for finance and reviewing subjects such as Grid Connection, Contracts, Transport and Construction.
You’ve got planning consent, what next? development that is needed after planning is consented Transport Construction Contracts Grid connection Project management Cashflow
You’ve got planning consent, what next? development that is needed after planning is consented Transport Construction Contracts Grid connection Project management Cash flow
You’ve got planning consent, what next? development that is needed after planning is consented Transport Construction Contracts Grid connection Project management Cash flow
You’ve got planning consent, what next? development that is needed after planning is consented Transport Construction Contracts Grid connection Project management Cash flow
You’ve got planning consent, what next? development that is needed after planning is consented Transport Construction Contracts Grid connection Project management Cash flow
Options for finance When do you need money? What for? How much? Where from?
Funding Capital Costs Lottery – Investing in Communities European Regional Development Fund Social Investment Scotland Venture Capital to raise equity Local finance – loans, shares or preference shares Debt Finance – Bank – Co-op / Triodos / SIS / Clydesdale, other banks…
FINANCIAL INCENTIVES AND AGREEMENTS PPA FITs & ROCS
Due Diligence Wind speed Grid Land security Access Project Management skills
GIGHA 775kW = 3X225kW 2.1 GWh REVENUE = £85k
TIREE 900kW 3 GWh / annum REVENUE = £100k
ABERNETHY 90kW Hydro turbine 250 MWh / annum REVENUE = £50k plus onsite electricity
ANY QUESTIONS? Any Questions?