Local citizens’ option to purchase wind turbines shares
The erector of a wind turbine has a duty to offer at least 20% of the shares in the wind turbine to those with an option to purchase.
Any citizen of 18 years or above living within 4.5km of new wind turbines, will be given the option to buy a share in local turbine projects. Any shares which citizens living within the 4.5km limit do not buy will be offered to permanent residents in the rest of the municipality.
The erector of the turbines must as a minimum announce the project in the local papers and the shares on offer must correspond to at least 20% of the value (cost) of the turbines. A share corresponds to the price of 1,000kWh, which is currently around DKK 3,000-4,000. Shareholders share the costs, revenues, risk and influence on equal terms with the erector of the turbine.