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Laura Nicolson Training and Operations Development Officer.

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Presentation on theme: "Laura Nicolson Training and Operations Development Officer."— Presentation transcript:

1 Laura Nicolson Training and Operations Development Officer

2 Community Renewables Confidence, resilience and wealth at community level

3 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.

4 You’ve got planning consent, what next? development that is needed after planning is consented Transport Construction Contracts Grid connection Project management Cashflow

5 You’ve got planning consent, what next? development that is needed after planning is consented Transport Construction Contracts Grid connection Project management Cash flow

6 You’ve got planning consent, what next? development that is needed after planning is consented Transport Construction Contracts Grid connection Project management Cash flow

7 You’ve got planning consent, what next? development that is needed after planning is consented Transport Construction Contracts Grid connection Project management Cash flow

8 You’ve got planning consent, what next? development that is needed after planning is consented Transport Construction Contracts Grid connection Project management Cash flow

9 Options for finance When do you need money? What for? How much? Where from?

10 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…

11 FINANCIAL INCENTIVES AND AGREEMENTS PPA FITs & ROCS

12 Due Diligence Wind speed Grid Land security Access Project Management skills

13 GIGHA 775kW = 3X225kW 2.1 GWh REVENUE = £85k

14 TIREE 900kW 3 GWh / annum REVENUE = £100k

15 ABERNETHY 90kW Hydro turbine 250 MWh / annum REVENUE = £50k plus onsite electricity

16 ANY QUESTIONS? Any Questions?


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