The market value of carbon, provided by Ontario's cap and trade program, has increased interest and accelerated development in GHG reduction projects, reports Frederic Picard. As Climate Change Director at Rio Tinto, Picard notes that, in addition to justifying the capital expenditure GHG projects often require, reinvested cap and trade revenue can be used to offset Read More
At first glance, banks might seem remarkably carbon-clean places, with a footprint little more than the electricity their giant servers consume. However, there is more to it than that. When a bank lends money to a coalmine, or funds a gas peaking station it becomes an indirect contributor to far more that its own global warming. Read More
A mine considering introducing hybrid renewable energy in tandem with gas or diesel generation, should look beyond technology costs, to time-based factors of remaining mine life and the duration of the current power purchase agreement (PPA). These criteria are more compelling than anticipated future savings. Amiram Roth-Deblon, head of Juwi global initiatives explained at a webinar, Read More
Photo by Marshman via Wikipedia.Miners in Canada’s far north operate under some of the harshest conditions on the planet, where outsized energy challenges come with the territory. Robin Goad knows this well. Goad is President and CEO of Fortune Minerals, a North American development-stage mining company. The firm is developing the vertically-integrated NICO cobalt-gold-bismuth-copper project, which Read More
As an expert in off-grid hybrid power solutions for BBA, Nicholas Allen has vital insights on how a widespread emphasis on carbon reduction is shaping energy choices for the mining industry. “With the addition of a carbon tax, which can increase energy costs by 10% or more, you can see how carbon is now a top Read More
“Commercial and industrial facilities are rapidly embracing battery energy storage – Navigant Research expects it to be a $10.8 billion market by 2025,” reports Mike Grunow, Vice President of Marketing at ViZn Energy Systems. In this week’s Q&A interview, Grunow provides insights on how energy storage systems are being used to more smoothly integrate renewable energy Read More
To position Canada as a leader in the emerging low-carbon economy, the Canadian Government recognizes the need to support the decarbonization of mining and has earmarked $2.3 billion to support the development, commercialization and use of clean technologies. This funding will provide options to mining companies, renewables and low-carbon technology providers, as well as remote communities Read More
Vancouver-based B2Gold is moving forward with a 7 MW solar project in Namibia which has significant bottom line and social license benefits for this leading gold producer. “We carried out a lot of financial modelling and have a quick [project] payback,” reports Mark Dawe, Managing Director and Country Manager for B2Gold Namibia. With the second best Read More
What are the current projections for the levelized cost of energy (LCOE) for solar PV, wind and energy storage? And how do renewables stack up against diesel, coal and gas for mining offtakers? In this Q&A interview, Rachel Jiang, Senior Analyst, Environmental and Power Markets, Bloomberg New Energy Finance provides insight on these critical questions for miners and Read More
“The imposition of carbon taxes will regrettably be very punitive to northern mining sites where there are little or no viable alternatives to fossil-fuel based energy systems.” In this interview, Robin Goad, President and CEO of Fortune Minerals, provides insight on these key questions for mining leaders and low-carbon energy providers. What are the key energy Read More
