The Archimedes screw turbines are relatively simple and don’t need much maintenance. However, we will appoint contractors to keep the scheme working and well maintained. Members will be encouraged to check the inlets and warn us if debris is accumulating.
Who will maintain the plant once operational? Read More »
You can’t sell your Reading Hydro shares in the first 12 months. After that, you can only sell them back to Reading Hydro CBS.
Can I sell my shares? Read More »
Fantastic breaking news – Reading Hydro has received a boost to our share raise, thanks to an offer of a £100k investment from Power to Change. With this we have reached our £700k target! Thank you so much to everyone who has invested.
Once the scheme is up-and-running, we aim to offer 4% interest to investors each year (or at the rate of inflation if that is higher). The rate is not guaranteed, it will be agreed by Reading Hydro members at the AGM and depend on the income and costs during the previous year. You can invest and chose not to receive interest.
Are the interest rates limited? Read More »
33% of UK electricity generation was from renewables in 2018, and that increased to 37% in 2019. Compare that with just 3% in 2000, and 7% in 2010.
What proportion of the UK’s electricity is from renewables? Read More »
There are lots of hydro power schemes in the UK already using Archimedes screw turbines. We have learned and taken inspiration from them. There are five sites nearby on the Thames at Mapledurham, Osney, Sandford, Sonning and Windsor. Reading Hydro is really close to Reading town centre and the railway station, and by far the easiest one to visit!
What other examples are there of this type of plant? Read More »
Our Open Information Session this lunchtime is at Reading Civic Offices, Bridge Street, RG1 2LU from 12 noon to 2pm. Come along and find out about the Reading Hydro project. No registration needed. We look forward to meeting you. #rdguk #sustainable #greenenergy
Come & see us today Read More »
Our share raise increased by more than £130,000 over the weekend. We’re getting close – more detail later this week.
Look what happened over the weekend! Read More »
Our Open Information Session this evening is at Watlington House, 44 Watlington Street, RG1 4RJ from 7.30pm – 9pm. Please come along and ask us any questions you may have on the Reading Hydro project. No registration needed. We look forward to meeting you or if you cant make it and have some questions, please
Come & see us today Read More »
