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 (0.94kg/kWh) electricity that it will replace.
We hit an important milestone today when our application went past 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.
Although we still need the remaining £264,007 we still have 3 weeks until the offer closes.
If you have pre-registered but not applied please apply now to close the gap further.
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!