Energy Cooperatives

URL: www.rescoop.eu

REScoop.eu is the European federation of citizen energy cooperatives.


The term "REScoop" refers to energy cooperatives, a business model where citizens jointly own and participate in renewable energy or energy efficiency projects. Many don't have the legal statute of a cooperative, but operate like one. In 2022, REScoop had 1.900 cooperatives as members, operating across Europe, jointly representing over 1,25 million citizens.

The advantages of REScoops are as follows.

  • Keep money in local economies and benefit local communities. Revenues from renewable energy projects often finance energy efficiency measures in public buildings.
  • Foster social acceptance for renewable energy
  • Help keep individual investment affordable
Topics: Environment:, Climate change mitigation, Energy efficiency
Resource Type: strategies and interventions
Publisher: rescoop.eu
Date Last Updated: 2023-03-14 15:50:44

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