Written by Giannis Taousanidis, electrical engineer at Wattcrop.
By almost completing the first quarter of the 21st century and the effects of climate change becoming more apparent, an increasing number of people turns to renewable energy and other energy-efficient solutions (circular economy, Nealy Zero Emission Buildings, etc.). In this quest for a sustainable and eco-friendly future, community-driven renewable energy initiatives are a very promising solution. Utilizing RES’s capability of distributed generation, these initiatives allow local communities to take control of their energy production, reduce carbon emissions and foster economic growth. However, these endeavors face a considerable number of obstacles that must be addressed.
One of the primary barriers is the lack of adequate funding. While utility-scale projects benefit from government incentives and corporate backing, community-driven initiatives struggle to secure adequate funding. Furthermore, complex financing processes can be a bit confusing for people with little or no experience in the energy sector.
Governments and non-profit organisations should provide accessible subsidies and initiatives tailored to community-driven renewable projects. Simplifying the application process and raising awareness about such practices can make funds like that more accessible.
Furthermore, local communities should be empowered to pool resources through crowdfunding and community investment platforms. Policy makers could help in that direction by regulating funding schemes in which financial institutions are also encouraged to provide backing in these endeavors. For instance, low interest loans to energy communities, public-private partnerships that can provide access not only to resources but also expertise can be some of these. It is important however to ensure that the community retains a significant stake in and the control of the project.
Complex Regulatory Frameworks:
Sometimes, regulatory frameworks are quite complex and can be a significant deterrent for community-driven renewables. While bigger corporations have easier access to expertise that can ensure developing projects under any framework, this can be a little tricky for communities.
A streamlined and expedited permitting process, as the one, to be fair, followed in most European countries nowadays, will help not only community-driven renewable projects but utility-scale, too. Collective net-metering is also an example of promoting community-driven projects and energy efficiency, especially when combined with funding schemes as the ones stated previously.
Last but not least, developing and managing renewable energy projects requires a certain level of technical expertise. Without access to technical experts, the implementation and maintenance of such systems can be more challenging. Collaborations with educational institutions can lead to seminars and training programmes that can equip community members with some basic knowledge of RES systems and their maintenance. Also, utilizing social media to create knowledge sharing networks between community members and local technicians and experts can help in this direction.
Community-driven renewables offer a great opportunity to transform the energy landscape and tackle climate change at the local level. While obstacles such as financial barriers, regulatory hurdles and technical expertise do exist, but are far from insurmountable. Advocating for policy reforms, securing funds through creative means, and fostering knowledge-sharing networks should be the pillars in the endeavour to overcome these barriers and unlock the full potential of renewable distributed generation. Embracing this sustainable path will not only lead to reduced carbon emissions and enhanced energy security but also strengthen the bonds within communities and pave the way for a cleaner and more resilient future.