Community Power Cornwall, a pioneering cooperative that enables local communities to own and benefit from renewable energy installations, has been shortlisted for the Managenergy Local Energy Action Award from the European Union. The company is one of only three innovative finalists out of a record 64 submissions from 23 countries.
The Managenergy Local Energy Action Awards are won by companies that show successful sustainable energy initiatives at local and regional levels. The pioneering co-operative that is Community Power Cornwall was established in response to the growing demand of local communities in Cornwall to address the challenges of climate change, energy security and rising fuel costs. It is a business model that is easily transferrable around the UK and more widely across Europe, hence its place in the final three. It is also designed in such a way that it does not rely on grant funding and is aims to raise its own capital, which ensures the continuity of the project.
So far, Community Power Cornwall has successfully applied this financing model to the installation of two new (Endurance E-3120) wind turbines in the Cornish village of Gorran, each with an installed capacity of 80kW. These are expected to generate 480,000 kWh of electricity, and save 251 tons of CO2 per year. The local community has raised £80,000 (approx. €100,000) through their share issue, which is a considerable amount for such a small community. While the co-operative’s initial focus is on wind-generated electricity—for sale on the national grid—they are in the process of developing a portfolio of other renewable energy technologies including biomass, hydro and solar.
Neil Farrington, Sustainable Energy Projects Manager at Community Energy Plus, the Cornish Social Enterprise which played an instrumental role in the creation of Community Power Cornwall in partnership with Kabin – the Cornwall-based co-operative development body, said: “It’s a tremendous honour to be shortlisted for such a prestigious European award. Community Power Cornwall has already made massive strides in the delivery of a community-owned renewable energy projects which we hope will be a beacon of inspiration for other communities across the region and further afield. The recognition from Managenergy means that our achievements in Cornwall could now help to influence projects on a European scale which is a really exciting proposition.
Alongside Community Power Cornwall, the other two finalists are from Denmark and Latvia. The winner will be announced at a gala awards evening on 19th June at the Théâtre du Vaudeville in Brussels in the presence of the EU Commissioner for Energy, Gűnther H. Oettinger. The Awards dinner is the highlight of the EU Sustainable Energy Week (EUSEW), during which stakeholders and policymakers generate new ideas and actions to help Europe reach its energy goals.