Renewable Energy and Mining

Renewable Energy and Mining 

A synergy is created when renewable energy systems are integrated into existing and planned mining operations. This is of particular interest to remote or otherwise off-grid operations that are faced with expensive logistical challenges and environmental hurdles associated with transporting fuel over large distances to be used for on-site thermal generation or constructing expensive transmission infrastructure to bring on-grid power to their operations. Wasted energy is also an unnecessary cost.  Having a comprehensive energy strategy is key to cost effective mining operations.

Knight Piésold understands the needs of mining operators – the need for uninterrupted, cost-effective means of supplying energy to power their operations.  Developers and operators may need to rely on higher cost coal-fired, oil and diesel generation can offset their carbon footprint and the risk of price escalation and security of hydrocarbon fuel supplies by integrating renewable energy schemes into their mine plans.

Some of the plentiful and lasting potential benefits of renewable energy include the following:

  • Creation of a legacy resource, which will carry the mine through operations and may be shared with or co-managed with neighboring communities, fostering enduring relationships and good will (this is particularly beneficial for projects located in developing nations where clean power generation is rare or too costly for communities to develop on their own)
  • Opportunity for mining operations to distinguish themselves as sustainable ventures that are favorable to shareholders, community stakeholders, government regulators and environmental NGOs
  • Reduced dependence on volatile fuel prices and insecure supplies
  • Reduced carbon footprints
  • Opportunity to offset greenhouse gas emissions and to take part in the emerging carbon economy

Through the following services, Knight Piésold will improve your triple bottom line economically, environmentally and socially: 

  • Energy Audits - mine site power requirements, efficiency studies and optimization
  • Energy Strategy - energy planning for changes in mine operations; fuel cost and escalation forecasts; electrical energy cost and escalation; review of site generation versus interconnected utility generation; co-generation analyses; power source reliability;  alternate fuel; fuel transportation and fuel contracts; environmental restrictions and air emission monitoring
  • Renewable Energy Resource Evaluation (hydroelectric, solar and wind)
  • Renewable Energy Integration - planning, implementation and control systems
  • Greenhouse Gas Accounting
  • Financial Analysis and Valuation of Renewable Energy Schemes