Access to affordable and reliable energy is key for the mining sector and with rising demand for minerals and falling ore grades, energy demand is estimated to increase by 36% by 2035. Today, energy produced and procured by mining companies is mostly fossil fuel based. This will have to change if the sector is to contribute to the decarbonization of the world economy, needed for countries to meet the target adopted at the Paris Agreement of keeping global temperatures from rising more than 1.5-2 degrees Celsius.
At the same time, the costs of solar, wind and battery storage systems have been falling at an unprecedented scale, which has encouraged an increasing number of mining companies to test these technologies at their mine sites. The Renewable Power of the Mine report, launched at the Energy and Mines World Congress in Toronto and prepared with the support from the German Cooperation, is the most comprehensive study to date on how the sector has been integrating renewables in their mining operations, the roadblocks that still exist, and the future trends that are likely to further drive the roll-out of renewables to supply electricity to mine sites. 38 case studies are included to highlight practical examples and lessons learned. Recommendations to address the outstanding roadblocks are included for governments, mining companies, independent power producers and donors.
Agriculture Law | Environmental Law | Human Rights Law | International Humanitarian Law | International Law | Land Use Law | Law | Natural Resources Law | Oil, Gas, and Mineral Law | Securities Law | Transnational Law
Nicolas Maennling & Perrine Toledano,
The Renewable Power of the Mine,
Available at: https://scholarship.law.columbia.edu/sustainable_investment_staffpubs/77
Agriculture Law Commons, Environmental Law Commons, Human Rights Law Commons, International Humanitarian Law Commons, International Law Commons, Land Use Law Commons, Natural Resources Law Commons, Oil, Gas, and Mineral Law Commons, Securities Law Commons, Transnational Law Commons