in News Departments > New & Noteworthy
print the content item

The electricity-hungry mining industry is investing in renewable energy, such as solar and wind, to power its operations, particularly those in remote locations, a new report from Navigant Research says. According to the report, rising energy prices and the desire to reduce mining companies' carbon footprints have created a growing consensus in the mining industry that renewable energy at mine sites - both grid-tied and off-grid - is feasible and often necessary.

According to Navigant Research, the portion of energy consumption in the mining industry supplied by renewable energy will grow from less than 0.1% now to at least 5% - and possibly up to 8% - by 2022.

Wind power will account for the majority of deployed renewable energy assets for mining operations by 2022, with nearly 516 MW of capacity, according to the report. Following closely will be solar power, with 493 MW of installed capacity.

In terms of geographical distribution, the Asia Pacific region will see the highest level of renewable capacity, with 505 MW. In all, more than 1,438 MW of renewable energy capacity for mining operations will be deployed worldwide by 2022, the report concludes.

"A number of mines are already utilizing large-scale wind power, but these sites were chosen based on extreme needs and/or ideal wind characteristics," says Kerry-Ann Adamson, research director at Navigant Research. "The industry is now at a point where it can move forward into larger and more complex deployments, potentially including energy storage technologies, which would enable a higher percentage of renewable use per mine site."




Helukabel_id1908
Latest Top Stories

Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.


Five Common Gearbox Failures And How To Identify Them

Wind turbine gearbox failures are a major source of unplanned maintenance costs. An expert explains the most frequent failure modes and offers prevention tips.

JLG_id1900
UEA_id1896
WomenofWind_id
Acciona_id1907
AWEA_id1886
bonfiglioli_id1913