Communities across the UK want to be part of the energy transition, actively engaging in and benefiting from local renewable energy projects. Shared ownership of these projects is a key way for communities to gain a stake, feel involved, and directly benefit from the energy transition. Shared ownership levels in the UK are lower than in other European countries and Great British Energy would like to help address this gap. We recognise that developing standardised templates, guidance documents, and other resources for both communities and renewable energy developers would help increase shared ownership.
The objectives of the project are to:
• Facilitate higher levels of shared ownership in the UK, by providing template project documentation for each community energyshared ownership model, with accompanying guidance that will together “de-mystify” legal complexity faced by community organisations, developers, and other stakeholders in the sector.
• The specific legal documentation required will be agreed upon between the Authority and the Supplier during a Scoping Phase. This will build upon both legal expertise as well as knowledge of shared ownership and community energy.