Anglo American is taking its South African operations – all 19 of them – utterly off grid.
Final week it announced that an settlement had been reached with international renewables firm EDF Renewables to develop a regional renewable power ecosystem (RREE) that may wean Anglo’s South African operations 100% off the grid by 2030. The group plans to be carbon-neutral by 2040.
Not solely will this ease capability pressures on the Eskom grid, it is going to additionally assist decarbonise the electrical energy community in SA.
Anglo American has already secured 100% renewable electrical energy provide for all its operations in South America, and the group expects to supply 56% of its international electrical energy wants from renewables by 2023.
At its latest 2021 annual results presentation, Anglo indicated that it intends to have three solar energy crops in operation in SA by 2023, with hydrogen vehicles being piloted this yr. De Beers additionally plans to be carbon-neutral throughout all its operations by 2030.
The partnership with EDF Renewables is geared toward curbing the biggest single supply of Anglo’s Scope 2 emissions, being its present grid provide in South Africa. Scope 2 emissions are oblique greenhouse gasoline emissions related to the acquisition of electrical energy from Eskom.
The RREE goals to help South Africa’s decarbonisation ambitions and the nation’s Simply Vitality Transition, making a sustainable and inclusive future, says Anglo.
The group plans to spend between $200 million and $500 million a yr throughout all its operations to extra exactly goal metals and minerals utilizing much less water and power and lowering waste.
It’s at present growing the world’s largest hydrogen-powered mining truck to decarbonise its transport fleet. The idea has already been examined and a 40-truck roll-out is deliberate for 2024, powered by an area photo voltaic plant.
Anglo has outlined a bunch of applied sciences that it says will convey it nearer to its objective of carbon neutrality, together with pumped hydro storage and CO2 sequestration.
The RREE will draw on South Africa’s pure renewable power potential to develop a community of on-site and off-site photo voltaic and wind farms, says Anglo. This can allow it to generate and ship renewable power to its SA operations 24/7.
Anglo says it anticipates the renewable infrastructure funding will come from a mixture of fairness and debt financing.
The EDF Renewables partnership is anticipated to convey advantages to SA and the area, together with:
- 3-5GW of renewable electrical energy (photo voltaic and wind) and storage over the subsequent decade;
- Supporting decarbonisation throughout Southern Africa; and
- Stimulating the event of latest financial sectors, native manufacturing and provide chains.
Nolitha Fakude, chair of Anglo American’s administration board in SA, says the renewable power drive can be a chance to help black financial empowerment and area people partnerships.