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Renewables, storage part of OZ Minerals' power strategy

Solar panels. Author: John S. Quarterman. License: Creative Commons, Attribution 2.0 Generic.

March 9 (Renewables Now) - Adelaide-based modern mining company OZ Minerals Ltd unveiled plans for a “modest” solar power plant with storage at its Prominent Hill mine in South Australia and said it is looking at more renewable energy options.

That first solar project would increase the company's “understanding and capability with respect to renewable energy and generation sources which may be required for operations in remote locations such as West Musgrave,” OZ Minerals said today. Conditional approval has been secured for an up to AUD-2.5-million (USD 2m/EUR 1.6m) grant from the South Australian Government for the solar-plus-storage facility at Prominent Hill.

OZ Minerals is also working with several potential energy developers to find additional renewable options across its assets. At Carrapateena, for example, solar photovoltaic (PV) panels could reduce diesel consumption and cut costs during construction, it said. 

TRANSMISSION CAPACITY

The solar project is part of OZ Minerals' Power Strategy, published today. A central part in which is actually reserved for a 270-km high voltage power transmission line, connecting South Australian mining assets to the grid. The cost of a section of the line will be shared with concentrating solar power (CSP) specialist SolarReserve LLC. It will support the latter’s 150-MW Aurora CSP project and OZ Minerals’ Prominent Hill mine and Carrapateena project.

“The high voltage power line will meet the companies’ current operational requirements and accommodate their growth strategy for the region,” SolarReserve said on Thursday.

ElectraNet will build, own, operate and maintain the new transmission line.

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

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