247SOLAR PLANTS – MODULAR, SCALABLE, STANDARDIZED
Conventional Concentrated Solar Power (CSP) technology is expensive, complex, and only economical at large scale. 247Solar Plants™ use factory-built components—standardized, mass-produced components that require minimal custom engineering, allowing for rapid site assembly, shorter project cycles, and much lower costs.
Modular design means the technology can be scaled to any capacity. Installations can be constructed in a phased manner. Power for mine development, construction, pre-production, and production phases can be supplied incrementally, allowing for staged financing. Contact us to learn more.
BUILDING THE BUSINESS CASE FOR RENEWABLE ON-SITE POWER
An on-site source of power offers miners the chance to keep control of their operating costs through wavering energy prices and changing market conditions.
So begins a wide-ranging article in Engineering & Mining Journal that looks at some of the rationales for miners to develop on-site sources of power and the incentives for making these sources renewable.
“Everybody is feeling the pressure to go with greener technologies,” says Justin Schnegelberger of engineering firm Burns & McDonnell. But it’s complicated. “Again,” says Schnegelberger, “it all comes down to finding the right fit.”
In discussing the business considerations involved, energy consultant Dr. Thomas Hillig observes, “The viability of renewables, from a cost standpoint, is linked to diesel pricing.” However, “During the past 12-18 months, we’ve seen a lot of pressure on mining decision makers to do something regarding renewables.” The key, says Hillig, is that “Renewable technologies require a different investment model than more traditional sources of mine power. Technologies like diesel gensets and coal fired power plants require greater OPEX, factoring in the cost of diesel or coal. While for renewables like wind or solar, the business model is very much CAPEX driven. … While the upfront cost for an onsite renewable solution can be [high], in the long run, mines are distancing themselves from uncertainty in diesel or coal prices, and also the impact of regulations on carbon emissions.”
See the map below for a sense of the extent to which renewable energy projects are already underway at mines across the globe, and read the full article here.