Jose Antonio Lobo, Director of Development at SolarReserve, sees the current environment of lower commodity pricing and low spot prices as an opportunity for renewables to help mines hedge their exposure to volatile fuel pricing in the future. In this Industry Q&A, Lobo provides an update on SolarReserve’s Chilean project and his outlook on future mine-renewables Read More
Via Bloomberg Chile will delay an auction of contracts representing more than a quarter of its electricity-generating capacity as it awaits approval of a new transmission law, Energy Minister Maximo Pacheco said. The auction, which was due to be completed on May 10, will be postponed for no more than 90 days, Pacheco said in an Read More
Desplazarse hacia abajo para la versión en español In Chile, low energy prices and commodity pressure have challenged new renewables partnerships with mines. However, this environment is changing, and local experts report that now is the time to form partnerships with mines because the business case for renewables is strong and the sector is recovering. (click Read More
A Market Overview of Key Drivers and Challenges for Renewables in Mining in Chile Based on interviews with key market players, miners and independent power producers, this report provides insight in to the current appetite for renewables for mining in chile. In particular the report explores: the increasing demand for energy the current low-energy, low-commodity prices Read More
SANTIAGO, CHILE -- February 28, 2016 --- On May 16-18, senior mining leaders from Chile and Argentina will meet with international renewable energy, finance and government experts to explore affordable and sustainable energy solutions at the 2nd annual Energy and Mines Santiago Summit. Following the tremendous success of last year’s inaugural Summit, this year’s event will Read More
“It is key to develop alternative technologies [for mines] and use cleaner and cheaper energies to guarantee our competitiveness in the market,” comments Veronica Baraona, Glencore´s Head of Regulatory Affairs and a Director at Enami, Chile’s trade association for small and medium mining operations. “Energy is a really expensive output and mines consume a huge and Read More
With investments in wind and hydro (plus diesel) Minera el Toqui, a southern Chilean zinc and lead mine operated by Nyrstar, is aiming to self generate 45% of its energy from renewables. The presentation (from the Energy and Mines Chile Summit, May 2015) details the mine's key considerations and challenges of integrating wind and hydro for Read More
Cochilco expects that the energy demand from the copper mining sector will increase by 53, 3% in 2026. Last week, the main Chilean copper organization presented an official report at the Adolfo Ibáñez University, where they shared their predictions on the copper industry trends for the next 10 years. Based on their presentation, copper mines in Read More
“The main goal of all the new [transmission] regulations and developments is to reduce energy prices and open the market for renewables, so this should also benefit the competitiveness of the mining industry,” comments Andres Romero, Executive Director, National Commission of Energy, Chile. Romero played a key role in developing Chile’s new transmission bill, which will Read More
Despite a complicated 2015, the Chilean investment portfolio of mining projects won't decline in 2016. Portal Minero, the main mining media outlet in Chile, estimates an USD 81, 085 millions investment from mining companies for the new year. An article published last week highlights 26 mining projects in exploration stage with an USD 4,000 million budget, Read More
