Energy innovation can deliver 50% energy cost reductions – McKinsey Report

Energy innovation can deliver 50% energy cost reductions – McKinsey Report

In a report published earlier this year titled “Greening the future: New technologies that could transform how industry uses energy” global management consulting group, McKinsey & Company,  highlighted the need to focus on energy consumption and efficiency as a key to driving down costs.

Screenshot 2015-11-26 10.22.26

The authors suggested  operational improvements can reduce energy consumption be 10-20%. This can be boosted to 50% with the adoption of energy efficiency technologies.

For the mining sector, the report highlighted the following as “game changing” technologies in mining

  • Automated-mine-ventilation control and air reconditioning
  • High-pressure grinding rolls
  • In-pit crushing-conveyance and high-angle- conveyance systems
  • Low-loss conveyor belts
  • Stirred-media mills

The report can be viewed at the McKinsey & Company site or downloaded here (just fill in the form)

2019-02-19T07:27:22+00:00