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piqer for: Climate and Environment Global finds
Passionate about solutions that empower citizens in their fight for energy democracy. She will be curating an online discussion about the current energy transition, covering news on smart grid developments, new regulatory solutions supportive of citizen-owned renewable energy and much more.
Local added value from community wind farms 8 times greater compared to projects by out-of-towners
Why should a wind farm owned by a cooperative be more profitable for citizens than one developed and financed by an outsider company?
Discussions about the local added value from community wind farms often end due to the lack of quantitative data. Turns out, the data is already there. The Institute for Distributed Energy Technologies (IdE), on behalf of Stadtwerke Union Nordhessen (SUN), took a look at how much revenue a local-owned wind farm brings in for the community, compared to a project by out-of-towners. Their findings were astonishing.
It turns out that the local financial benefits are eight times greater. For a wind farm with seven 3 MW turbines, only seven million euros would flow back to the community if the project were developed by an international player, compared to 58 million if the project developer were local.
