Shared ownership

Local Energy Scotland has dedicated support for communities who are exploring Shared Ownership of a renewable energy project. 

What is Shared Ownership and how can we help? 

Shared ownership is where a community group invests in a commercially owned renewable energy project. You can find out more about what shared ownership is by watching our webinars introducing Shared Ownership and Financial Basics for Communities.  

Our support includes: 

The benefits of Shared Ownership

  • Communities get the chance to share in the wealth generated by the renewable resource in their area and create a sustainable income stream that they have control over. 
  • Developers get the chance to increase community engagement, access incentives such as rates relief and possibly add value to their planning application. 

The Scottish Government has an ambitious target for at least half of newly consented renewable energy projects to have an element of shared ownership by 2020.  

  

Shared Ownership on the National Forest Estate

Since 2010 Forestry Commission Scotland have made Community Benefit and a Shared Ownership offer mandatory on most renewable energy sites on the National Forest Estate.

Local Energy Scotland can support your community organisation to engage with the relevant developer locally and help you to access funding for professional advice.

To find out more about the renewable energy being developed on National Forest Estate see the Forestry Commission Scotland website where a full list of projects is available.

Forestry Commission Scotland also have guidance, case studies and lessons learned on this page.

Support is also available to community organisations interested in developing a project on the National Forest Estate will be available through CARES and groups looking for information on support should contact their Local Energy Scotland Development Officer