The Harvard University research paper highlights the importance of energy diversification in tackling climate change and catering to the increasing energy demands. For mining companies, energy expenses represent about 30% of their total operational costs. Implementing efficient energy management can lead to significant reductions in energy usage, with potential savings of 15-20% at existing facilities and up to 50% for new mine designs.
Encouraging investment in clean energy necessitates a commitment to long-term planning. The challenge of addressing these issues effectively lies in the collaboration between mining companies, legislative bodies, and state regulators, ensuring a coordinated approach towards sustainable energy use and climate change mitigation in the mining sector.
SRK Presenters
Dave Pearce | Moderator and speaker | Decarbonization of Mining
Chris Bray | Speaker | Decarbonization of Underground Mines
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