London Borough of Camden Community Energy market engagement

Descriptions

Community energy across London Borough of Camden's buildings market engagement exercise. The London Borough of Camden is preparing to go out to tender to procure a community energy partner to deliver community energy projects on Council buildings such as schools, leisure centres and housing sites. Under the contract, the community energy partner would enter site specific agreements with the Council and host building operator (for example the Leisure Centre operator or school) that would allow them to raise finance from people living and working in Camden through a community energy share offer. The raised finance would be used to fund the installation of solar and other renewable or energy efficiency technologies on the host building, which would then be owned, maintained and operated by the community energy partner. The agreements would also allow the community energy partner to either sell energy or recover energy savings from the host building to service the community share investment. It is envisaged that the site specific agreements would expire after a maximum of 15 years, at which point the ownership of the renewable or energy efficiency technologies would transfer to the host building. The Council are therefore seeking responses from interested organisations to the questions attached.