Mining industry to boost RE usage

The global mining industry will utilize renewables for at least 5% of its energy consumption and possibly as much as 8% by 2022, versus less than 0.1% now, according to Navigant Research.

“A number of mines are already utilizing large-scale wind power, but these sites were chosen based on extreme needs and/or ideal wind characteristics,” says Kerry-Ann Adamson, research director with Navigant Research. 

“The industry is now at a point where it can move forward into larger and more complex deployments, potentially including energy storage technologies, which would enable a higher percentage of renewable use per mine site,” she adds.

Navigant estimates that wind power will account for 516MW of deployed renewable energy assets by 2022, followed by solar with 493MW of installed capacity.

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