lick as are all “on top” and can be moved to ACHIEVING >50% RENEWABLES AT AGNEW GOLD MINE JAMES KOERTING – ENERGY MANAGER Energy & Mines Australia 4 August 2020
Forward Looking statements Certain statements in this document constitute “ forward looking statements ” within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. In particular, the forward looking statements in this document include among others those relating to the Damang Exploration Target Statement; the Far Southeast Exploration Target Statement; commodity prices; demand for gold and other metals and minerals; interest rate expectations; exploration and production costs; levels of expected production; Gold Fields ’ growth pipeline; levels and expected benefits of current and planned capital expenditures; future reserve, resource and other mineralisation levels; and the extent of cost efficiencies and savings to be achieved. Such forward looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward looking statements. Such risks, uncertainties and other important factors include among others: economic, business and political conditions in South Africa, Ghana, Australia, Peru and elsewhere; the ability to achieve anticipated efficiencies and other cost savings in connection with past and future acquisitions, exploration and development activities; decreases in the market price of gold and/or copper; hazards associated with underground and surface gold mining; labour disruptions; availability terms and deployment of capital or credit; changes in government regulations, particularly taxation and environmental regulations; and new legislation affecting mining and mineral rights; changes in exchange rates; currency devaluations; the availability and cost of raw and finished materials; the cost of energy and water; inflation and other macro-economic factors, industrial action, temporary stoppages of mines for safety and unplanned maintenance reasons; and the impact of the AIDS and other occupational health risks experienced by Gold Fields ’ employees. These forward looking statements speak only as of the date of this document. Gold Fields undertakes no obligation to update publicly or release any revisions to these forward looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events. ARENA Disclaimer The views expressed herein are not necessarily the view of the Australian Government, and the Australian Government does not accept responsibility for any information or advice contained herein. Agnew Hybrid Project | James Koerting | 4 August 2020 2
Agenda 1 About Gold Fields 2 Problem statements 3 Agnew hybrid renewable microgrid 4 Project derisking process 5 Agnew’s lessons Agnew Hybrid Project | James Koerting | 4 August 2020 3
Gold Fields Limited 9 gold mines 1 project 5 countries 2.2 Moz annual gold production GFI (JSE, NYSE) Agnew Hybrid Project | James Koerting | 4 August 2020 4
Problem Statement 1 THE NEGATIVE IMPACTS OF CLIMATE CHANGE ARE BEING REALISED AND MINING COMPANIES HAVE SET DEADLINES TO DECARBONISE THEIR OPERATIONS
Problem Statement 2 TO FULLY DECARBONISE WE MUST ALSO ELECTRIFY OUR FLEETS SO OUR PLANS FOR RENEWABLE ENERGY PRODUCTION MUST (DOUBLE)
Problem Statement 3 HIGH PENETRATION RENEWABLES PRESENT A STABILITY RISK TO MINE SITE MICROGRIDS AND SAFETY AND PRODUCTION ARE KING
AGNEW HYBRID RENEWABLE MICROGRID Project recap 4MW SOLAR PV 18MW WIND 10,710 X SUNTECH PANELS MICROGRID CONTROL SYSTEM 5 MVA SMA CENTRALISED SOLAR INVERTER 5 x GOLDWIND GW140 3.57MW PERMANENT MAGNET DRIVE WITH FULL NEXTRACKER SINGLE AXIS TRACKING SYSTEM ENTURA HYBRID MICROGRID CONTROL STEADYSUN CLOUD FORECASTING CAMERA SYSTEM CONVERTER SYSTEM SYSTEM 110M HUB HEIGHT DESIGNED & CONSTRUCTED BY JUWI 140M ROTOR DIAMETER 13MW/4MWh BATTERY STORAGE SAFT LI-ION NMC/NCA 6 x 2.5MVA SMA CENTRALISED STORAGE INVERTERS 21MW THERMAL POWER STATION 9 x 2MW CUMMINS GAS RECIP 2 x 1.6MW CUMMINS DIESEL RECIP 25KM GAS LATERAL PIPELINE Energy & Mines | James Koerting | 4 August 2020
AGNEW HYBRID RENEWABLE MICROGRID Project recap Energy & Mines | James Koerting | 4 August 2020
AGNEW HYBRID RENEWABLE MICROGRID 2.1MW 2.3MW Project recap 2.3MW 2.2MW 2.1MW 8.2m/s WIND 11MW SOLAR 2.5MW GAS 2.0MW BESS MINE 15MW Energy & Mines | James Koerting | 4 August 2020
MEGAWATTS Energy & Mines | James Koerting | 4 August 2020 10.0 15.0 20.0 25.0 0.0 5.0 12:00:00 AM 12:30:00 AM 1:00:00 AM 1:30:00 AM 2:00:00 AM 2:30:00 AM 3:00:00 AM 3:30:00 AM 4:00:00 AM 4:30:00 AM 5:00:00 AM 5:30:00 AM 6:00:00 AM AGNEW ENERGY PRODUCTION 22 JULY 2020 6:30:00 AM 7:00:00 AM 7:30:00 AM Solar 8:00:00 AM 8:30:00 AM 9:00:00 AM Wind 9:30:00 AM 10:00:00 AM 10:30:00 AM Battery 11:00:00 AM 11:30:00 AM 12:00:00 PM Thermal 12:30:00 PM 1:00:00 PM 1:30:00 PM Mine Load 2:00:00 PM 2:30:00 PM 3:00:00 PM 3:30:00 PM 4:00:00 PM 4:30:00 PM 5:00:00 PM 5:30:00 PM 6:00:00 PM 6:30:00 PM 7:00:00 PM 7:30:00 PM 8:00:00 PM 8:30:00 PM 9:00:00 PM THERMAL 40% RENEWABLES 60% 9:30:00 PM 10:00:00 PM 10:30:00 PM 11:00:00 PM 11:30:00 PM 12:00:00 AM
HYBRID MICROGRID DERISKING Agnew’s process INTEGRATION STAGED DEPLOYMENT TECHNOLOGY ARENA FUNDING IPP CAPABILITY 54% MARKET EOI, RISK APPROPRIATION CIVIL DESIGN 6 GEOTECHNICAL DRILLING 5 4 CONFIGURATION & SIZING 3 CONSULTANTS, MODELLING RENEWABLE RESOURCE 2 1 AREMI, SODAR Energy & Mines | James Koerting | 4 August 2020
MEGAWATTS Energy & Mines | James Koerting | 4 August 2020 10.0 15.0 20.0 25.0 0.0 5.0 12:00:00 AM 12:30:00 AM 1:00:00 AM 1:30:00 AM 2:00:00 AM 2:30:00 AM 3:00:00 AM 3:30:00 AM 4:00:00 AM 4:30:00 AM 5:00:00 AM 5:30:00 AM 6:00:00 AM AGNEW ENERGY PRODUCTION 22 JULY 2020 6:30:00 AM 7:00:00 AM 7:30:00 AM Solar 8:00:00 AM 8:30:00 AM 9:00:00 AM Wind 9:30:00 AM 10:00:00 AM 10:30:00 AM Battery 11:00:00 AM 11:30:00 AM 12:00:00 PM Thermal 12:30:00 PM 1:00:00 PM 1:30:00 PM Mine Load 2:00:00 PM 2:30:00 PM 3:00:00 PM 3:30:00 PM 4:00:00 PM 4:30:00 PM 5:00:00 PM 5:30:00 PM 6:00:00 PM 6:30:00 PM 7:00:00 PM 7:30:00 PM 8:00:00 PM 8:30:00 PM 9:00:00 PM THERMAL 40% RENEWABLES 60% 9:30:00 PM 10:00:00 PM 10:30:00 PM 11:00:00 PM 11:30:00 PM 13 12:00:00 AM
MEGAWATTS Energy & Mines | James Koerting | 4 August 2020 10.0 15.0 20.0 25.0 0.0 5.0 12:00:00 AM 12:30:00 AM 1:00:00 AM 1:30:00 AM 2:00:00 AM 2:30:00 AM 3:00:00 AM 3:30:00 AM 4:00:00 AM 4:30:00 AM 5:00:00 AM 5:30:00 AM AGNEW ENERGY PRODUCTION WITH CURTAILMENT 6:00:00 AM Solar 6:30:00 AM 7:00:00 AM Wind 7:30:00 AM 8:00:00 AM 8:30:00 AM Battery 9:00:00 AM 9:30:00 AM 10:00:00 AM Thermal 10:30:00 AM 11:00:00 AM 11:30:00 AM 12:00:00 PM Mine Load 12:30:00 PM 1:00:00 PM 1:30:00 PM 2:00:00 PM Curtailed Renewables 2:30:00 PM 3:00:00 PM 3:30:00 PM 4:00:00 PM 4:30:00 PM 5:00:00 PM 5:30:00 PM 6:00:00 PM 6:30:00 PM 7:00:00 PM 7:30:00 PM 8:00:00 PM 8:30:00 PM 9:00:00 PM CURTAILED 20% THERMAL 40% RENEWABLES 60% 9:30:00 PM 10:00:00 PM 10:30:00 PM 11:00:00 PM 11:30:00 PM 12:00:00 AM
MEGAWATTS Energy & Mines | James Koerting | 4 August 2020 10.0 15.0 20.0 25.0 0.0 5.0 12:00:00 AM 12:30:00 AM 1:00:00 AM 1:30:00 AM 2:00:00 AM 2:30:00 AM Solar 3:00:00 AM 3:30:00 AM 4:00:00 AM Wind 4:30:00 AM POTENTIAL ENERGY PRODUCTION WITH INERTIA SUPPORT 5:00:00 AM 5:30:00 AM Renewables with Inertia Support 6:00:00 AM 6:30:00 AM 7:00:00 AM 7:30:00 AM 8:00:00 AM 8:30:00 AM 9:00:00 AM 9:30:00 AM 10:00:00 AM 10:30:00 AM Battery 11:00:00 AM 11:30:00 AM 12:00:00 PM 12:30:00 PM New Thermal 1:00:00 PM 1:30:00 PM 2:00:00 PM 2:30:00 PM 3:00:00 PM Mine Load 3:30:00 PM 4:00:00 PM 4:30:00 PM 5:00:00 PM 5:30:00 PM Curtailed Renewables 6:00:00 PM 6:30:00 PM 7:00:00 PM 7:30:00 PM 8:00:00 PM 8:30:00 PM 9:00:00 PM CURTAILED 11% THERMAL 32% RENEWABLES 68% 9:30:00 PM 10:00:00 PM 10:30:00 PM 11:00:00 PM 11:30:00 PM 12:00:00 AM
MEGAWATTS Energy & Mines | James Koerting | 4 August 2020 10.0 15.0 20.0 25.0 0.0 5.0 12:00:00 AM 12:30:00 AM 1:00:00 AM Solar 1:30:00 AM 2:00:00 AM Wind 2:30:00 AM 3:00:00 AM POTENTIAL ENERGY PRODUCTION WITH INERTIA SUPPORT + STORAGE 3:30:00 AM 4:00:00 AM Renewables with Inertia Support 4:30:00 AM 5:00:00 AM 5:30:00 AM 6:00:00 AM 6:30:00 AM 7:00:00 AM 7:30:00 AM 8:00:00 AM 8:30:00 AM 9:00:00 AM Storage Production 9:30:00 AM 10:00:00 AM 10:30:00 AM 11:00:00 AM 11:30:00 AM 12:00:00 PM 12:30:00 PM Battery 1:00:00 PM 1:30:00 PM 2:00:00 PM New Thermal 2:30:00 PM 3:00:00 PM 3:30:00 PM 4:00:00 PM 4:30:00 PM 5:00:00 PM Mine Load 5:30:00 PM 6:00:00 PM 6:30:00 PM 7:00:00 PM Curtailed Renewables 7:30:00 PM 8:00:00 PM 8:30:00 PM 9:00:00 PM CURTAILED 1% THERMAL 22% RENEWABLES 78% 9:30:00 PM 10:00:00 PM 10:30:00 PM 11:00:00 PM 11:30:00 PM 12:00:00 AM
MICROGRID FORMULA FOR EMISSIONS REDUCTION RENEWABLES + INERTIA + STORAGE + THERMAL BACKUP = 99% EMISSIONS REDUCTION
Recommend
More recommend
