THE RISING COST OF ENERGY FOR MINING

THE RISING COST OF ENERGY FOR MINING

By: Craig Baker, Head of Power Projects Sales, Aggreko, Africa, Middle East, and Asia Mining operations require significant amounts of energy to power equipment, ventilation, processing, and other systems. Energy can account for 10-40% of operating costs for mines. With volatile fossil fuel prices and climbing electricity rates, energy costs have become a major pain point for industry.   According to BDO’s 2022 Benchmarker survey, energy represented 28% of cash costs for miners in 2021,…

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TRADITIONAL APPROACHES TO ENERGY RESILIENCE

TRADITIONAL APPROACHES TO ENERGY RESILIENCE

By: Luca Ceschinelli, Project Development Manager at Aggreko Africa, Middle East, and Asia The mining industry has historically relied on two primary energy sources to power operations – onsite diesel generators and grid electricity. While these traditional approaches provide a baseline of energy, they come with drawbacks with proven limits in resilience and environmental sustainability. Onsite Diesel Generators Diesel generators have been a staple of mining operations for decades. They offer the benefit of being…

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The Promise of Renewables

The Promise of Renewables

By: Aggreko, Africa, Middle East and Asia   The dramatic declines in costs for renewable energy sources like solar and wind over the past decade have made them competitive alternatives for mining operations seeking to lower energy costs and increase sustainability.   According to the International Renewable Energy Agency (IRENA), the global weighted average levelized cost of electricity (LCOE) for solar PV declined by 85% between 2010 and 2019. Onshore and offshore wind have seen LCOE…

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CREATING A SUSTAINABLE FUTURE FOR OIL AND GAS

CREATING A SUSTAINABLE FUTURE FOR OIL AND GAS

By Hesham El Shamy, Oil & Gas Sector Lead at Aggreko AMEA There are formidable challenges faced by the oil and gas industry across Africa, the Middle East and Asia (AMEA) regions, but perhaps the most pressing is the need for environmentally sustainable power solutions. Currently, flaring is posing a significant threat to the sector across both its environmental impact and the cost to the company. Around 139 billion cubic metres (bcm) of natural gas are flared…

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FLARE-TO-POWER: DEBUNKING COMMON MYTHS ABOUT THE WORLD’S MOST MISUNDERSTOOD ENERGY SOLUTION

FLARE-TO-POWER: DEBUNKING COMMON MYTHS ABOUT THE WORLD’S MOST MISUNDERSTOOD ENERGY SOLUTION

Today, flare-to-power solutions are garnering more and more attention as an innovative new method for tackling the environmental and economic hurdles tied to flaring within the oil and gas sector. These solutions have the potential to transform wasted gas into a valuable source of energy while mitigating the harmful effects of flaring. But like any emerging technology that’s often misunderstood, there are myths and misconceptions surrounding flare-to-power solutions that need to be debunked. In this…

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THE FINANCIAL IMPACT OF LOADSHEDDING ON THE MINING SECTOR

THE FINANCIAL IMPACT OF LOADSHEDDING ON THE MINING SECTOR

By: Max Schiff – Africa Sales Manager, Aggreko Loadshedding has had a significant impact on the South African mining sector. The PwC report ‘SA Mine 2022’ painted a picture of intense economic and structural complexity which was offset by a remarkable overall performance by the sector despite the challenges. More hours in the dark than with power has meant that the sector has had to put extreme alternative power measures in place but, as the problem with…

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LONG-TERM ENERGY TO REDEFINE MINING RESILIENCE

LONG-TERM ENERGY TO REDEFINE MINING RESILIENCE

Kweku Frempong, Head of Sales for Aggreko Africa In South Africa, the mining sector uses around one-third of the local power supply,  Asia represents most of the world’s industrial sector growth with energy consumption increases of around 1.7% a year. In the Middle East, mining is forming part of the region’s growth in providing battery-grade materials and is under pressure to find alternative energy resources and sources to mitigate its energy impact and leverage cleaner and greener…

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AGGREKO RELEASE: POWERING OIL AND GAS PRODUCTION THROUGH THE ENERGY TRANSITION: A FOUR-STEP GUIDE

AGGREKO RELEASE: POWERING OIL AND GAS PRODUCTION THROUGH THE ENERGY TRANSITION: A FOUR-STEP GUIDE

By Craig Baker, Head of Power Projects Sales, Asia & Middle East, Aggreko   The energy transition can be a source of angst for oil and gas producers, but it doesn’t have to be a cause for concern – at least not in every context. In fact, when it comes to powering oil and gas production assets  which are typically reliant on diesel power generation;  developments driven by the transition can be a boon to the…

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FUELLING THE ENERGY TRANSITION WITH GAS

FUELLING THE ENERGY TRANSITION WITH GAS

By Kweku Frempong, Head of Sales – West & Central Africa Gas has become an increasingly impactful solution for sectors looking to effectively transition to less carbon-intensive fuels and refine their energy frameworks. It offers organisations a bridging solution that can rapidly reduce their carbon footprint and minimise reliance on diesel generators for operations in remote locations. It is a cleaner, more reliable and more cost-effective power solution that offers an attractive alternative in hard-to-reach locations….

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Shifting energy gears in manufacturing

Shifting energy gears in manufacturing

Sibongile Thobakgale, area sales manager for South Africa at Aggreko Africa   Manufacturing is an inherently energy-intensive sector. According to the EIA, 35% of energy consumption in the US is attributed to the industrial sector of which 81% is used by manufacturing. In South Africa, the industry is equally the primary user of power at 52% of the total electricity consumption, and McKinsey points out that the continent as a whole has to redefine its energy consumption profile and…

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PUTTING THE RIGHT COGS IN PLACE FOR NET-ZERO IN MINING

PUTTING THE RIGHT COGS IN PLACE FOR NET-ZERO IN MINING

By: David Gardner, Head of Mining – Aggreko Africa Mining Indaba 2022 is a landmark event that challenges the mining community, global leaders, and industry heavyweights to tackle the problems that impact African mining and to find innovative solutions to drive its evolution on the local and global stage. In 2022, the event hosts three heads of state alongside the Prime Minister of the Democratic Republic of Congo (DRC) and has set its focus on topics…

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The energy transition – what future skills will be required to make it a reality?

The energy transition – what future skills will be required to make it a reality?

Fatou Diagne, Head of HR at Aggreko Africa Organisations that are prioritising transitioning to more environmentally friendly energy solutions will require a well-defined strategy, which requires an in-depth understanding of what future needs will arise. This then needs to be translated into a skills matrix based on new emerging technologies. According to Fatou Diagne, Head of HR at Aggreko Africa, this will require everyone from sales to the technical and engineering teams to understand those…

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THE YEAR OF OPPORTUNITY FOR OIL AND GAS COMPANIES IN AFRICA

THE YEAR OF OPPORTUNITY FOR OIL AND GAS COMPANIES IN AFRICA

The oil and gas industry faced a tough year in 2021. According to The State of African Energy 2022 this was a result of a drop in global demand, which resulted in a fall in oil prices. This led to companies cutting budgets and delaying future projects. The sharp slowdown in several African economies further exacerbated the challenge and while we are seeing a rebound in economic activity, Africa is still lagging in this renewed growth momentum….

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The Emergence of Industrial Parks and Captive Power

The Emergence of Industrial Parks and Captive Power

By Eddy Alexandre, Business Development Manager, Aggreko Africa The global captive power generation market is projected to grow at a 5.61% compound annual growth rate (CAGR) from 2020 to 2027, according to Market Research Future. Described as a decentralised source of power that is located as close as possible to those using it, captive power is becoming an increasingly relevant solution for companies operating in areas with limited, or reduced, access to power. This is particularly…

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Aggreko releases top energy trends for guiding miners to net zero

Aggreko releases top energy trends for guiding miners to net zero

With decarbonisation at the forefront of miners’ agendas, the world’s leading provider of mobile and modular power solutions, Aggreko, has released its top tips to help miners decarbonise now and into the future. Aggreko’s Global Head of Mining, Rod Saffy, said while miners were embracing the global energy transition, some were unsure where to begin. “For some miners it’s about knowing where to start and they may be weighing up the cost, risk and threat…

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The more Africa innovates, the closer the world gets to net zero

The more Africa innovates, the closer the world gets to net zero

By: John Lewis, Managing Director, Aggreko Africa The climate crisis is an unavoidable reality. For every company, individual and government, changing the shape of this crisis has become, or should become a priority. It needs to be central to every conversation, expansion plan, and strategy because remaining aligned with the status quo is not an option. Simply looking at the problems is not either. The only option is to look at solutions, at how the…

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Building Long Term Power Partnerships

Building Long Term Power Partnerships

By: Sibongile Thobakgale, Area Sales Manager for South Africa at Aggreko Consistent and reliable power is the cornerstone of any economy. Yet, according to the African Development Bank Group, more than 30 African countries are currently experiencing power shortages and regular interruptions due to a variety of reasons, including natural causes, such as droughts, oil price shocks, system disruptions caused by conflict and high growth with low investment or structural issues. These interruptions are costly and…

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IS AFRICA’S ENERGY SECTOR READY FOR MORE DATA CENTRES?

IS AFRICA’S ENERGY SECTOR READY FOR MORE DATA CENTRES?

Being able to connect to the internet means opening up all the benefits and possibilities of developed countries to the people of Africa, including essentials like mobile banking, chat and video, and access to e-health and e-education – as a starting point. It means that producers have more access to wider markets to sell their goods, that entrepreneurs have more access to financial services, and that governments can engage with and serve their citizens more…

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THE AFRICAN OIL AND GAS SECTOR NEEDS AN ENERGY BOOST

THE AFRICAN OIL AND GAS SECTOR NEEDS AN ENERGY BOOST

By Kweku Frempong, Area General Manager for Western and Central Africa The past 18 months have torn through industry and sector globally, leaving behind complex layers of economic instability and financial growth uncertainty. For the oil and gas sector, these months have hit the bottom line like a hammer – as the African Energy Chamber (AEC) Africa Energy Outlook 2021 report points out, the CAPEX spend 2020-2021 outlook was almost $90 billion pre-pandemic but is now down…

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BIG AND BOLD: SMART TECHNOLOGY TRANSFORMS ACCESS TO ENERGY

BIG AND BOLD: SMART TECHNOLOGY TRANSFORMS ACCESS TO ENERGY

John Lewis, Managing Director, Aggreko Africa Changing the face of energy consumption and innovation demands big and bold ideas. It asks that organisations, sectors, and service providers invest in solutions that change how energy is consumed, created, and managed. And the mining sector has been meeting these big and bold requests head-on. This sector, facing complex economic and environmental challenges, has stepped up to the renewable and inventive energy plate and collaborated with leading service…

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