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“We’ve never had a mine ask for 100% renewables. What they want is lower cost energy.” CSP-PV Hybrid to provide baseload generation for chilean mine – download interview

“We’ve never had a mine ask for 100% renewables.  What they want is lower cost energy.” CSP-PV Hybrid to provide baseload generation for chilean mine – download interview
September 17
15:42 2014

California-based Solarreserve is currently negotiating with a mining company operating in Northern Chile to supply a CSP-PV Hybrid solution.  In this Q&A Interview, Kevin Smith, CEO of SolarReserve, lays out the economics, the drivers for the project and the wider opportunities for concentrated solar power in mines.

Great quotes from the interview include:

“We configured a hybrid CSP-PV plant with 100 MW of CSP, 14 hours of molten salt storage, and 75 MW of PV.  This configuration is truly a baseload generator – it generates 100 MW or more for roughly 90% of the hours in the year. “

“The renewable energy aspect of the project is actually not that important to them – it’s all about economics. “

“What works for this mine is that we supply their entire demand almost entirely with solar energy, so we are able to offer them a cost-competitive fixed-price contract over the long term.”

“We’ve never had a mine ask for 100% renewables.  What they want is lower cost energy.”

“It’s important to emphasize that we are already offering 80% or 90% renewable supply at less than the cost of diesel.  That’s already pretty big news.”

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About Author

Andrew Slavin

Andrew Slavin

I am one of the directors of Energy and Mines and am also the curator of this site. I have been involved with B2B communications for the last 18 years including publications, conferences, think tanks and reports.

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