diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index 0764a117..b99e3a30 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -2,4 +2,36 @@
 
 ## Summary
 
-This release just widens the `setuptools` dependency to allow for version 80.x.
+<!-- Here goes a general summary of what this release is about -->
+
+## Upgrading
+
+<!-- Here goes notes on how to upgrade from previous versions, including deprecations and what they should be replaced with -->
+
+### Cookiecutter template
+
+All upgrading should be done via the migration script or regenerating the templates.
+
+```bash
+curl -sSL https://raw.githubusercontent.com/frequenz-floss/frequenz-repo-config-python/v0.12/cookiecutter/migrate.py | python3
+```
+
+But you might still need to adapt your code:
+
+<!-- Here upgrade steps for cookiecutter specifically -->
+
+## New Features
+
+<!-- Here goes the main new features and examples or instructions on how to use them -->
+
+### Cookiecutter template
+
+<!-- Here new features for cookiecutter specifically -->
+
+## Bug Fixes
+
+<!-- Here goes notable bug fixes that are worth a special mention or explanation -->
+
+### Cookiecutter template
+
+<!-- Here bug fixes for cookiecutter specifically -->