Renewables open doors for energy solutions in mining

Mining Review | January 24, 2020

The year 2019 was the turning point for renewable energy projects at remote mines. More than a dozen projects were commissioned or announced.

Mining companies have adopted solar and wind power to reduce their energy cost and carbon footprint in a rather lengthy process.

In the last years, successful flagship projects have removed concerns about production loss and independent power producers (IPPs) have started financing solar and wind plants at remote mining sites; IPPs sell electricity to miners on a power purchase agreement (PPA) basis.

Read full article here.

By MIT Sloan CDO
MIT Sloan CDO Profile Picture