Comments on: The energy revolution will not be centralised! http://blogs.crikey.com.au/rooted/2008/11/18/the-energy-revolution-will-not-be-centralised/ Nourishing the environmental debate Sun, 22 Nov 2009 14:52:07 +1100 http://wordpress.org/?v=2.8.6 hourly 1 By: EnergyPedant http://blogs.crikey.com.au/rooted/2008/11/18/the-energy-revolution-will-not-be-centralised/#comment-171 EnergyPedant Wed, 19 Nov 2008 03:44:28 +0000 http://blogs.crikey.com.au/rooted/?p=358#comment-171 I heard that the Hepburn wind co-op ran into a funding short-fall. $9.6M target, $2.4 M raised so far. Local involvement in renewable projects is a good thing. However they are very capital intensive. It sort of like asking people to pay up front for 20 years of electricity to get the final 5 years free (made up numbers, but thats the general idea). Many people do not have that sort of spare cash now, similar to the issue for the upfront cost of solar panels. I heard that the Hepburn wind co-op ran into a funding short-fall.

$9.6M target, $2.4 M raised so far.

Local involvement in renewable projects is a good thing. However they are very capital intensive. It sort of like asking people to pay up front for 20 years of electricity to get the final 5 years free (made up numbers, but thats the general idea). Many people do not have that sort of spare cash now, similar to the issue for the upfront cost of solar panels.

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