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Reading Hydro CBS, from dream to reality in 7 years

Andy Tunstall, Director, Reading Hydro CBS will be leading this event.

Reading Hydro Community Benefit Society was formed to deliver hydroelectricity on the Thames for the benefit of the local community.

After running two share offerings Reading Hydro was able to finalise the most appropriate technology and design, and to raise the funds required to start building.

Planning Permission was obtained in Summer 2015 from Reading Borough Council.

The Environment Agency granted the licences required to operate a hydro project on Caversham Weir in February 2016.

Final planning approval was given in May 2017 by the Council. Further fundraising has since taken place and the build phase is underway.

Andy Tunstall has a background in oil, water and energy in posts ranging from finance, IT, sales, marketing and strategy. He has recently completed the MSc in Renewable Energy at University of Reading and is also a director of The Green Group UK Ltd. He joins Reading Hydro CBS to help advise on business strategy, partnership development and the all-important share raise to make the idea into reality.

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