Slide 1: Analysing Global Energy Security Plans and the Role of Renewables
Analysing Global Energy Security Plans and the Role of Renewables DUNCAN STEVENS AND SEAN CLEARY 1 July 2015
Slide 2: Overview
Overview Role of Renewables in Gold Fields Global Energy Security Plans ● Background to Gold Fields ● Background to the Carbon War Room and the Rocky Mountain Institute (CWR-RMI) ● Gold Fields renewable energy commitments and journey ● Energy security plans and renewable energy ● Case for collaborat
Slide 3: Background to Gold Fields
Background to Gold Fields Gold Fields Limited (GFL) ● Gold Fields Limited (GFL) is an unhedged, globally diversified producer of gold ● Eight operating mines in Australia, Ghana, Peru and South Africa as well as a number of development projects including ones in Chile and the Philippines ● Attributa
Slide 4: Background on CWR and RMI
Background on CWR and RMI Carbon War Room and the Rocky Mountain Institute ● Rocky Mountain Institute (RMI): An independent nonprofit founded in 1982—transforms global energy use to create a clean, prosperous, and secure low-carbon future. It engages businesses, communities, institutions, and entrep
Slide 5: Gold Fields Commitment to Renewable Energy
Gold Fields Commitment to Renewable Energy Supported by top management and an enabling environment Supported at a Board and ExCo level Strong CEO commitment Energy and Carbon Strategy - To Support Business Integration Entrenched through our Group Energy & Carbon Policy and Guideline Group Balanced S
Slide 6: Gold Fields Commitment to Renewable Energy
Gold Fields Commitment to Renewable Energy What Gold Fields is focused on in 2015 Group BSC illustrates integrated thinking CEO, Executive and Senior Management remuneration is linked to the deliverables To be the Global Leader in Sustainable Gold Mining Renewables and Mining Summit | 1 July 2015 6
Slide 7: Gold Fields Commitment to Renewable Energy
Gold Fields Commitment to Renewable Energy Group Strategic Renewable Energy Commitments 1. Review replacement of carbon-intense sources of energy with renewable energy or switch to less intense energy sources (taking security of supply or price demands into account) 2. No operation should go backwar
Slide 8: Gold Fields Renewable Energy Journey
Gold Fields Renewable Energy Journey 2006 – 2015: Key Milestones 2015 Partnership with the CWR/RMI: Evaluate 2012 renewables for global 2006 - 2011 Integrated Energy and 2013/2014 energy security Beatrix Methane Project Carbon Management Group Guideline to + + Strategy further support E&C Gold Field
Slide 9: Energy Security Plans and Renewable Energy
Energy Security Plans and Renewable Energy Why evaluate renewable energy as part of our Energy Security Plans? ● Energy is 21% of Gold Fields operating costs and rising annually ● Energy security is vital for operational sustainability ● Significant decline in PV panel and component costs ● Increasi
Slide 10: Gold Fields and CWR-RMI Collaboration
Gold Fields and CWR-RMI Collaboration Background ● Energy security (of which renewables forms a key component) is business critical to Gold Fields and an integral part of our carbon/renewables journey ● 5 Year Energy Security plans are a key group requirement for 2015 ● Independent third party revie
Slide 11: 5 Year Energy Security Plans Review
5 Year Energy Security Plans Review Initial Steps ● CWR-RMI has been involved during the development of the regional 5-year energy security plans through Gold fields energy working group CWR-RMI Review 2015 2015/2016 2014 5 Year Regional Energy Energy Security Plans Energy Security moves Security Pl
Slide 12: CWR-RMI Methodology
CWR-RMI Methodology Adding Value Through Independent Review & Procurement Assistance Current Stage Renewables and Mining Summit | 1 July 2015 12
Slide 13: Assessing Renewable Energy Potential
Assessing Renewable Energy Potential Rigorous Analysis to Determine Economic & Technical Feasibility Prevailing Life of Mine and Future Energy Tariffs Geography Cost of On- (land & RE Site potential) Generation Energy Use Grid Stability Factors Renewables and Mining Summit | 1 July 2015 13
Slide 14: Assessing Renewable Energy Potential
Assessing Renewable Energy Potential Analytical & Project Development Process Determine Model Baseline Determine Ideal Baseline Scenario and Other Energy Mix Scenarios RFI & Pre- RFP & Development & Qualification Selection Commissioning Renewables and Mining Summit | 1 July 2015 14
Slide 15: Initial Outcomes & Way Forward
Initial Outcomes & Way Forward Initial Outcomes ● All of Gold Fields regions have considered renewable energy and its integration into their respective operations during the development of the regional 5-year energy security plans ● Gold Fields South Deep mine will explore renewables options of 15MW
Slide 16: Thank You
Thank You To be the Global Leader in Sustainable Gold Mining Renewables and Mining Summit | 1 July 2015 16