Notes of our public meeting on 23rd September 2015
The Environment Agency are now advertising the fact that we have applied for a license from them.
Here is the recent article written by Linda Fort, thank you Linda.
We have recently discovered that the land on which we are proposing to build our hydro scheme is unregistered. This turns out to work in our favour as there will be no landlord to pay rent to nor or anyone wanting lease payments. This makes our finances work better and so we have literally fallen on our feet!
Come to an OPEN MEETING… Wednesday 23rd September 2015
The Council Chamber at Reading Borough Council offices, RG1 2LU
….to find out more
- Updates on Reading hydro, Tony Cowling, project lead.
- Progress report on Abingdon hydro, Richard Riggs
- Investing locally in renewable energy, Lisa Ashford, Ethex.
- Q&A with the speakers above.
- Reading hydro financial model explained.
- Next steps for Reading hydro Brendan Barrow, E-WaterPower.
- Q&A then networking & refreshments.
- We should finish by 9:00pm.
Professor Sir Brian Hoskins, CBE, FRS has agreed to be our Patron
Sir Brian is Chair of the Grantham Institute at Imperial College London, having been its founding Director for 6 years, and Professor of Meteorology at the University of Reading, a position he has held since 1981. He has been involved in many international and national weather and climate activities, and is now on the Committee on Climate Change.
He is a member of the Scientific Academies of the UK, USA and China, and has received the top awards of the UK and USA Meteorological Societies, the Buys Ballot Medal (awarded every decade) and the inaugural IUGG Gold Medal. He has honorary degrees from Bristol and UEA. In 2007, he was knighted for Services to Environmental Science.
He has been married to Jackie since 1968, and has two daughters and two grandsons.
‘If we are seriously to tackle the major challenges posed by climate change, we need to rebalance our energy system to use more renewable resources. In the past, the Thames has generated electricity for Reading and local communities, and there is enormous potential for it do so again: I strongly support this important new initiative from the Reading Sustainability Centre, which will make a great contribution to tackling climate change’
Professor Nigel Arnell, Director – Walker Institute for Climate Systems Research, University of Reading
With all the doom and gloom of government cuts to the pre registration of Feed in Tariffs we have some more nice news. Our last remaining survey for the first phase of the UCEF grant is about to come back and we have been able to instruct our consultants at E- WaterPower to go ahead and submit our EA licence application. With this, if we get it, we will be able pre register for Feed in Tariff before it gets cut securing our income stream.
Sarah has been working hard on our financial model and it is looking like we are viable. With this and the business case we will soon be able to start on preparing our share offer document. All good news.