Mining energy saving and storage

Do coal mines need energy storage technologies?

Various energy storage technologies and risks in coal mine are analyzed. A significant percentage of renewable energy is connected to the grid but of the time-space imbalance of renewable energy, that raises the need for energy storage technologies.

Can energy storage be a source of untapped financial value for mining companies?

In the first two modalities of decarbonisation, energy storage becomes a source of untapped financial value for mining companies. As demand for renewable energy generation and storage grows, the demand for products that only mining companies can produce also grows, from lithium and cobalt and manganese to copper and aluminium.

Should energy storage be a key issue in mining?

The second place that energy storage emerged as a key issue was less expected: in their vision of “smart” and “sustainable” mines, mining companies see advanced energy storage as a key component of the so-called “future of mining” and their vision of the “mine of the future”.

Why is energy storage a challenge in the mining industry?

The challenge, however, is that the mining industry requires an immense amount of energy storage capacity and for much longer time periods than much of the current battery technology can provide. “We are hoping that as the technology grows, [the storage capacity and duration] will increase.”

Should mining companies invest in energy storage?

If the goal of for-profit companies is to extract as much profit as possible, then energy storage emerges as a convenient reserve of both economic and moral value that mining companies (and perhaps mining companies alone) are well-positioned to exploit.

Is mining an energy-intensive industry?

Mining is one of the most energy-intensive industries. Demand for raw materials is projected to increase. Mining could use energy recovery, renewable energy, and carbon capture. Despite many opportunities, technical issues still need to be considered. Further research should focus on identifying specific opportunities.