Hakim Nesreddine
Despite efforts made in recent years toward cleaner energy production, most of remote communities and mining companies rely heavily on diesel-fuelled generators for electricity generation. The volatility of diesel cost and likely to increase combined with high costs of fuel transportation and the willingness for greenhouse gas (GHG) reduction are providing opportunities to include or increase renewable power sources in the energy mix.
The speech will provide an overview of the global remote micro-grid market and forecasts. A strategic profiling of key players and a comprehensive analysis of their market position in terms of ranking and core competencies will be presented. An emphasis is put on the techno-economic feasibility of energy service contracting by integrating high shares of renewable energy sources namely solar and wind combined with battery storage for mining industry.
Results show that mining industry is keen to outsource energy generation through energy service contracting since this business model allows the end-user to avoid investment costs, reduce operating costs, lower GHG emissions, transfer risk and focus on core business of ore extraction and processing.