Does solar power add value to mines?

Solar power can add value to mines for grid-connected and off-grid mines. Mining companies often have to deal with high energy costs due to remote locations. Moreover, mining companies in developing countries have to deal with unreliable electricity infrastructure, which makes it receptive for new solutions.

Can solar power be used in high-temperature mining?

While current concentrated solar power, wind, and solar PV technology can provide cost-effective thermal energy in favorable renewable energy resource areas above 400 ° C, most high-temperature-energy-intensive mining activities require temperatures beyond those achieved by current commercially available concentrated solar power.

Why is solar energy used in the mining industry?

Hence, solar energy used in the mining industry is part of the energy transition process toward a low-carbon economy. From an energy management perspective, it is important that energy consumption in the mining industry is reduced efficiently. Hence, the main driver for changing to solar energy will be costs.

Are solar mining operations a good fit for the solar industry?

From the solar industry perspective mining operations are a good fit, because: High energy consumption carries potential for large-scale solar power plants. Solar power can add value to mines for grid-connected and off-grid mines. Mining companies often have to deal with high energy costs due to remote locations.

Can solar energy improve mining performance?

The global mining industry has begun to embrace solar energy as a means of improving overall company performance, because solar energy helps companies to do business in a more sustainable and profitable way. As energy is one of the main cost drivers for mining companies, they can benefit from solar technology through considerable cost savings.

Should solar energy programs be initiated in the mining sector?

Solar energy programs in the mining sector should be initiated in order to improve the environmental awareness of all relevant stakeholders, so that they can grasp the advantages and disadvantages. Nevertheless, solar energy presents an excellent opportunity for mining companies in their energy management and business development.