The International Minerals Innovation Institute is moving to reduced its levelized cost of energy for mining operations.
The Need
As the demand for sustainable energy solutions grows, the mining industry faces the challenge of reducing its environmental impact. International Minerals Innovation Institute recognized the need for alternative energy systems in the mining sector.
The Challenge Focus
The goal was to develop and implement alternative energy systems in mining operations. Octoco Inc., a trusted delivery partner, collaborated with industry experts to design innovative solutions that would reduce carbon emissions and improve operational efficiency.
The Result
Through a successful Innovation Sprint, the Alternative Energy Systems project achieved its objectives. A clear value case for an energy storage solution was demonstrating by the winning firm, Grengine.
The upcoming field demonstration will verify the value case to not only reduced environmental impact but also demonstrated the feasibility and viability of alternative energy in the mining industry.
