1. Crowdfunding for Renewable Energy How to win #HorizonPrize thanks to CrowdFunding
Brussels, Belgium, 22 June 2017
Alex Raguet (Lumo)

2. CrowdFundRES project
CrowdFundRES is a project funded by the European Commission aiming to contribute to the acceleration of the renewable energy growth in Europe by unleashing the potential of crowdfunding for financing renewable energy projects.
Objectives:
Deepen understanding of adoption of crowdfunding for financing renewable energy projects
Analyse the challenges faced by the application of crowdfunding for renewable energy projects in Europe
Develop and apply guidelines that support more effective practices
Develop policy recommendations to improve the market and regulatory framework in Europe
Promote the crowdfunding concept and its advantages among those who could contribute or raise funds

3. Consortium

4. 1/ Why using crowdfunding
Suggested by the organizer: Active public participation
 Both prices are about important building for the commutity, so local involment make sense
Way to get funding for something new, exicting, creative…
 and more : free ticket for a museum
Could be important for the massification phase?)

5. 2/ How to use crowdfunding
Case studies from CrowdFundRES
Focus on 2 exemples
Lumo for PV
Bettervest for EE
But other models too: donation, rewards
Smaller amount than investment ?)

6. Renewable Energy Crowdfunding Case Studies
Platform
Abundance
Lumo
Oneplanetcrowd
Bettervest / Green crowding
Developer
WindGen
BNRG
REG
SERGIES
n/a
Hotel Magnetberg
Technology
Wind
PV Ground PV
Biomass
Energy efficiency
Location
England
France
Netherlands
Germany
Installed Capacity
500kW
1,4 MW
20kWe, 40.1kWth
Financial Instrument
Debt Security
Corporate Junior Bond
Loan
Tenn Period
1 year
20 years
9 years
8 years
7 years
Total Amount Raised (€)
Total Capital Required (€)
%of Total Raised through CF
100%
7.89%
15%
Number of investors
408
569
672
193
116
133
Interest Rate / IRR
12% 7% %
3.19%
7.5%
Smallest Investment (€) 7 25
500 50
largest Investment (€)
70.000
20.025
30.000
10.000
Investors from abroad
4.17%
2.11%
2.53% 0%
2.58%

7. Focus Lumo’s exemple Investors were invited to the inauguration
Abestos removal and the locally assembled solar panelso?)

8. Focus Bettervest’s exemple
• Installation of two heat and power
(CHP) units of combined 20 kW
electric power and 40 kW thermal
power at Hotel Magnetberg in
Baden-Baden, Germany
• Previously, the heat was produced
via a gas boiler, the power
purchased from the grid. After the
installation, annual savings of
about CO2 tons were
achieved, a reduction of 29.4%.
• Total cost: €
• Annual energy cost savings:
€32,201.
 free night in the hotel as a perk ?)

9. European RES crowdfunding Market Volume 2015/2016
2015 European Online Alternative Finance Volumes Europe: € 5,5 billion
In 2015 RES crowdfunding raised over € 65m, funding more than 300 projects in Europe
In 2016 RES crowdfunding raised over € 11m, funding more than 60 projects in France
European

10. Next steps Choose the right model: donation, reward, investment
Choose the right platform: find a ‘local’ platform with ECN, local crowdfunding association, CrowFundRES, Citizenergy , UNDP, …
 but be careful cross-border ‘not easy’ for investment ?)

11. Thank you CrowdFundRES project

12. How to win the challenges: key messages
Why and how to use crowdfunding for this 2 challenges
Focus 2 exemples PV with Lumo and EE for an hotel Hotel with BetterVest
But other models too: donation, rewards
Give other exemples :Bulb in Town, Space Hive
Size of market (EU and France)
Advice: Find a local platform with ECN, CrowFundRES, Citizenergy , UNDP, local association, but be careful crossborder ‘not easy’
SERIES paneaux VMH