What are the carbon emissions from the hydro scheme?

There will be carbon emissions from the construction of the hydro plant, but once operating it generates zero-carbon electricity. Averaged over construction and its operating life, a run-of-river scheme like Reading Hydro produces about 0.01 kg of CO2-equivalent for every kWh of electricity generated. That’s far lower than the gas fired (0.45kg/kWh) or coal fired (0.94g/kWh) electricity that it will replace.

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Minimum Target Reached

We hit an important milestone today when our application went passed the minimum amount of £426 K so we are in a position when we can actually start the ordering process. Applications now stand at £435,993 which is 62.3% of the £700,000 total.

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Nearly at the minimum target

We are just short of the minimum target value of £426,000. We have £422,392 committed to the project (60.3% of the £700,000 target), and 22 days left in the offer period. Many thanks to those who have applied, and if you have pre-registered and not applied – get in quick!

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Is my investment guaranteed?

In short, no. Our business case is based on expert advice, historical river data and cautious assumptions on future costs and prices. From this, we’ve estimated the annual return to shareholders, the rate at which we will repay your capital, and the amount available for community benefit. But these cannot be guaranteed because, as with

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Can anyone apply for shares?

Individuals aged over 16, companies and organisations may apply for shares, and relatives can hold them for children under 16. Ideally, we want to raise this money from the local community. To apply for shares go to https://hydro.readinguk.org/shares/ #rdguk #sustainable #greenenergy

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