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ARTICLE · 01 MAY 2021

Mine site adoption of renewable initiatives

McCullough Robertson
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The global focus on renewable energy projects has increased, as are renewable energy initiatives by the mining sector.

AustraliaEnergy and Natural Resources
Kate Swain
Kate Swain
Andrew Bukowski
Andrew Bukowski
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The global focus on renewable energy projects has continued to gain momentum over the last 12 months and so, too, has the uptake of renewable energy initiatives by the mining sector.

The investment landscape is changing

The case for mining companies to invest in renewable energy remains compelling. Governments around the world are enacting legislation designed to bring their economies in line with the goals of the Paris Agreement (which targets net-zero emissions by 2050), meaning companies across all industries will have to adapt to these new rules and regulations if they wish to remain compliant in their areas of operation. In addition to regulatory drivers, technological advances are continuing to reduce the cost of developing renewable energy projects and stakeholder requirements are driving an increasing corporate appetite to 'go green'.

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