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CP Case study: Bala Energy Co-operative
1. Enjoy the benefits of being in control of
local renewable energy resources
Community Power Finance Forum Presentation
May 10, 2010
By Jeff Mole, Founder
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2. Public Values and Impacts
Public land is needed for the proposal
Public endures the economic impacts
Water is a public resource
New hydropower is purchased by the
public at incentivized prices,
FiT program incentive =$20 Million +/-.
Should development be for private
benefit?
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3. Three Options
No hydro facility at Bala Falls
A facility which takes the direct route
through an "environmentally" sensitive
area
Thorough study an indirect route with
less “environmental” impacts.
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4. MNR Review of Site Release Process
Phase 1 Completed April 19, 2010
Phase 2 Commences “later in 2010”
Time to get involved is now
Public interests may have to compete
with private interests for use of public
resources.
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5. Environmental Screening Process
Too cumbersome and too time consuming
Not a substitute for good planning and
public consultation.
Lacks a meaningful method of recognizing
competing values
Protecting public values is a long and
expensive process
Communities need to be proactive and in
control of this process
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6. Leadership & Development Tools
Provincial Waterpower sites are clearly identified
• The waterpower resource atlas inventory
represents areas in the province where there may
be some hydrologic potential to produce
waterpower.
Co-operative Model
• Clearly defines purpose & objective
• Investment and Finance Strategies
• Apply for “Applicant of Record” status with MNR
• Surplus funds support community wellbeing.
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7. Provincial Leadership Role
Feed in Tariff Community “Adder”
Community Energy Partnerships Program
Infrastructure Ontario Loan Program.
Guaranteed capacity allocation
MNR Site Release programs
Community Power Loan Guarantee Program
A better resource identification and evaluation
process is needed.
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