Domestic debate in Australia over coal production and use is ongoing, especially with ageing coal fired plants, the rise in renewable energy opportunities and benefits, and public and investor sentiment. The question is not "if" companies will make the clean energy transition, but more when, and how.
Australia's skyrocketing energy prices, partly due to rising commodity costs for natural gas and black coal, and its energy transition towards cleaner power, have seen mining and energy companies seriously consider their green transformation. Coupled with these factors, is the important notion that solar and wind prices are the lowest they've ever been.
Governments across Australia are also heavily invested in these renewable energy projects, specifically solar, wind and hydrogen; with many partnerships being formed across government and industry.
In mining specifically, there has been a flurry of renewables activity with a range of miners throughout Australia investing in renewable projects or signed PPAs with solar or wind IPPs. Joining advanced projects by Gold Fields Australia and Sandfire Resources, are Fortescue Metals, Rio Tinto and IGO, to name a few.
Whilst contentious, industry must come together to discuss the clean energy transition and its impact on creating a sustainable future.
Couple this with the increase in supply and demand for critical minerals, and Australia’s position to be a leader in this area. Partnerships between Australia and its global customers for the supply of critical minerals is also being heavily supported by Governments, especially where pockets of deposits of these commodities have been found.
With the above at hand, Renewables, Future Energy and Critical Minerals sessions will showcase renewables, including solar, wind and hydrogen projects that have had success in Australia and overseas. Discussions will also revolve around the opportunities and challenges of the transition to clean energy for mining companies, and the downstream benefits of this transition for Australia’s climate change goals.
Showcasing low emission technologies and clean energy solutions, this session will also look at international demand vs Australia's own supply and demand of renewable energy.
IMARC Online will also look at specific projects detailed critical mineral supply, understanding the demand from exploration, development and production.