Municipal wind investment in North Rhine – Westphalia

Photo by Sam Forson from Pexels: https://www.pexels.com/photo/three-gray-wind-turbine-243138/

In 2017 the Municipality of Bedburg, a coal town, announced that the investment in a wind farm on the edge of an open cast mine was already generating 1.5M€/year. The municipality had invested in the wind farm as an adaptive strategy to offset losses from the decline of the coal industry. This was a mid-transition decision and has proved successful. This strategy has the potential to lead to transformation as it reorganises control and profit distribution of energy generation resources in the area.

Further reading

EU renewable energy financing mechanism. Read more.