Power Systems
Is adding solar or wind to a mine a good economic decision?
Adding solar or wind to a mine is almost always a value proposition up to about 30 per cent renewables. Michael Day explains how site location drives the economics beyond that, and the point at which the case starts to look more like greenwashing than a straight economic play.
Full transcript
Adding more solar or wind to a mine site is almost always going to be a value proposition up to the 30% mark of renewables. Beyond 30% depending on the location of the mine really drives the economics. Up to about 80% on most remote mine sites is quite achievable. Beyond that though, it does start to become somewhat of a greenwashing affair as the straight economic play beyond 80% starts to look worse.
