![Page 1: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/1.jpg)
"Energy futures and civil society in the EUe gy utu es a d c soc ety t e Ubuilding a low carbon alliance“
Transition & OVESCOTransition & OVESCO
A talk by Chris Rowland
OVESCO is working with:
![Page 2: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/2.jpg)
Transition - a switch
From centralised to decentralised power
![Page 3: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/3.jpg)
Why do Transition? Our fears!
As part of the creation of 'The Transition Companion', we asked those involved in As part of the creation of The Transition Companion , we asked those involved in Transition why they do Transition. Here are the most common responses....
Because of Peak Oil
Because of climate change
Because of fear
Because of the economic crisis
![Page 4: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/4.jpg)
Why do Transition? Our hopes!
But most common responses also included these positive responsesBut most common responses also included these positive responses....
Because it feels way more fun than not doing it
Because of wanting a fairer world
Because it means people do the projects they've always dreamed of
B it f l lik th t i t thi t b d iBecause it feels like the most appropriate thing to be doing
Because it gives me hope
![Page 5: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/5.jpg)
2006 - one Transition Town in Totnes 2012 - 496 in Europe & over 900 world wide
The Transition movement: Today Totnes... tomorrow the world
![Page 6: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/6.jpg)
Transition Town Lewes – TTL
Some of the TTL ProjectsSome of the TTL Projects
The Lewes Pound a local currency – TT Pound & Better Banking Groupy g p
Lewes Food Market for local produce – TT Food Group
Draught busting workshops – TT REconomy Group
OVESCO – TT Energy Group
![Page 7: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/7.jpg)
The Ouse Valley Energy Services Company or OVESCOIs a TTL response to our future energy needs
![Page 8: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/8.jpg)
The need to reduce energy consumption!
The current system wastes energyy gy& produces vast amounts of CO2 emissions
![Page 9: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/9.jpg)
We need to decentralise our energy supply
A mix of local renewable power resources for homes, businesses, Community buildings and farmsCommunity buildings and farms
![Page 10: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/10.jpg)
Local empowerment to achieve greater success
OVESCO - a community owned renewable energy company
Local empowerment to achieve greater success
Local employment to stimulate the economy & build resilience to shocks
Local ownership to increase the wealth in the community
A Community Interest Company for community benefit to raise capital for projectsA Community Interest Company for community benefit to raise capital for projects
![Page 11: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/11.jpg)
OVESCO Supporting the Community
• Council grants and loans• Council grants and loans
• MSC registered installers for microgeneration
• Help with the Feed-in Tariff (FiT) and Renewable Heat Incentive (RHI)
• Help with insulation and making the right choices for the public – Green DealHelp with insulation and making the right choices for the public Green Deal
![Page 12: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/12.jpg)
One of the UK’s First Community owned PV Power station?
![Page 13: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/13.jpg)
How does it work?
The Feed-in Tariff makes the project viable.
![Page 14: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/14.jpg)
OVESCo as an IPS for community benefit
• All investors have equal rights
• Share issue from OVESCo £250-£20,000,
• OVESCO registered for Enterprise Investment Scheme
• Return on investment 4% from third year for 25 years
• Importantly investors can get involved and support local decentralised power
Communities for Renewables and Regen SW are delighted to report a major success in our campaign to ensure that the government’s proposals to exclude “Feed in tariffs businesses” from the Enterprise Investment Scheme
(EIS) and Venture Capital Trusts (VCT) does not apply to social enterprises.
Lobbying Government works!
Make change happen for the benefit of your community
![Page 15: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/15.jpg)
As a not for profit organisation OVESCo would:
• Give a any surplus profit to support future projects.
• Support the public with energy advice• Support the public with energy advice.
• Build a portfolio of local renewable energy projects
• We have 250 investors and have raised over £350,000 for our first project.
![Page 16: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/16.jpg)
B fit t H B ?Benefit to Harveys Brewery?
• Free electricity in return for lease of roof for 25 years.
• Good will and community involvement.
• Reduction on CO2 emissions• Reduction on CO2 emissions.
![Page 17: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/17.jpg)
The project – 98kWp PV array or 545 panels at Harveys warehouse
![Page 18: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/18.jpg)
Making it happen in Lewes – share launch night
![Page 19: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/19.jpg)
Making it happen – Installing the PV array
![Page 20: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/20.jpg)
The completed project - 27th July 2011
![Page 21: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/21.jpg)
Our 2nd project – Priory School in Lewes – 35kWp
![Page 22: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/22.jpg)
Barriers & needs to succeed!
Cl l t li bl• Clear long term policy on renewable energy
• Support from all government departments
• A fair & free market place for community renewables
• A Community Feed in Tariff & Renewable Heat Incentive or similar• A Community Feed-in Tariff & Renewable Heat Incentive or similar
• Funding for feasibility studies and set up costs
• Help to share knowledge
• Encouragement & help to scale upEncouragement & help to scale up
Other communities want to copy OVESCO
![Page 23: Confrence - Energy Futures & Civil Society in the EU.ppt › resources › docs › ovesco... · OVESCo as an IPS for community benefit • All investors have equal rights • Share](https://reader034.vdocument.in/reader034/viewer/2022042323/5f0dd3c57e708231d43c4880/html5/thumbnails/23.jpg)
Making the transition to community power generation
Every citizen should have the right to invest in& benefit from community owned renewable power
Thank you www.ovesco.co.uk