The Power of the Mine

The Power of the Mine

by Sudeshna Ghosh BanerjeeZayra Romo Gary McMahon and others
Epub (Kobo), Epub (Adobe)
Publication Date: 09/12/2014

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Africa needs power - to grow its economies and enhance the welfare of its people. Power for all is still a long distance away - two thirds of the population remains without electricity and enterprises rank electricity as a top constraint to doing business. This sub-optimal situation coexists while vast energy resources remain untapped. One solution to harness these resources could be to tap into the concept of anchor load. Mining industry lends itself to the concept of anchor load as it needs power in large quantity and reliable quality to run its processes. Underpinned by a comprehensive database of mining projects between 2000 and 2020, this report explores the potential and challenges of using mining demand for power as anchor load for national power system development and expansion of electrification. This report finds that mining demand can indeed be a game-changer - an opportunity where policymakers and international community can make a difference in tapping the enormous mineral wealth of Africa for the benefit of so many people. The utilities would benefit from having mining companies as creditworthy consumers that facilitate generation and transmission investments producing economies of scale needed for large infrastructure projects, benefiting all consumers in the system. The mines would benefit from grid supply - typically priced much lower than self-supply - which allows them to focus on their core business, greatly enhancing their competitiveness. The country would benefit from more exports and tax revenues from mines, more job opportunities in local firms selling goods and services to the mines, and a higher GDP.The report estimates that mining demand for power can triple since 2000 going upto 23 GW in 2030. While South Africa will continue to be the dominant presence in mining landscape, its importance will reduce and other countries, primarily in Southern African region, will emerge as important contributers of mining demand for power. Simulations in countries with minimal power-mining interface suggests that bringing this demand explicitly into the power planning process can ensure more investments in both grid and off-grid power systems and potentially superior service delivery outcomes for mines as well as communities. These opportunities can also be attractive investment destinations for private sector. However, there are also risks and institutional roadblocks in power-mining integration - addressing many of them and employing risk mitigation mechanism are within the control of policymakers.

ISBN:
9781464802935
9781464802935
Category:
Energy industries & utilities
Format:
Epub (Kobo), Epub (Adobe)
Publication Date:
09-12-2014
Language:
English
Publisher:
The World Bank
Peter Robinson

Peter Robinson's DCI Banks is now a major ITV1 drama starring Stephen Tompkinson (Wild at Heart, Ballykissangel) as Inspector Banks, and Andrea Lowe (The Bill, Murphy's Law) as DI Annie Cabbot.

The first series aired in Autumn 2011 with an adaptation of Friend of the Devil, the second in Autumn 2012, and the third in February 2014, with the show consistently pulling in ratings of over 5 million.

Peter's recent standalone novel Before the Poison won the IMBA's 2013 Dilys Award as well as the 2012 Arthur Ellis Award for Best Novel by the Crime Writers of Canada. This was Peter's sixth Arthur Ellis award.

His critically acclaimed DCI Banks novels have won numerous awards in Britain, the United States, Canada and Europe, and are published in translation all over the world.

Peter grew up in Yorkshire, and now divides his time between Richmond and Canada. 

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