The Norwegian capital company Statkraft Peru was able to close an important contract with Southern Peak Mining LP for the supply of 132 GWh of electricity per year.
The mining company had already been part of the Norwegian company's customer portfolio since 2014 and, on this occasion, an important factor in the negotiation was the renewable nature of the origin of the contracted energy and the renewable energy certification that this entails. The commitment is valid until 2033.
In this way, Minera Condestable has become the most important first mining company in the country to obtain a renewable energy certificate, which favors the reduction of its carbon footprint, The company is committed to the mitigation of the effect of the energy consumed from the national power grid and to enhance compliance with its environmental standards.
“Thanks to our relationship with Statkraft Peru, We reaffirm our commitment to sustainable mining with high environmental and quality standards. We are two companies in separate hemispheres, but united in the task of preserving our planet,” said Adolfo Vera, CEO of Southern Peaks Mining.
The international certifier AENOR, with whom Statkraft Peru has an alliance to issue the certificates, will be in charge of validating that the energy consumed by the mining company's operations comes from emission-free sources. This means that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource and was incorporated into the electrical grid system that transports energy and will be consumed exclusively by a user, in this case Southern Peaks Mining LP.
“Having a company with high environmental standards as a client, such as Southern Peak Mining LP, fills us with pride because it shows that it is possible to do business in an ethical and sustainable way. Furthermore, signing this contract reinforces our confidence in the service we provide and, of course, our commitment to continue producing renewable energy”, says Juan Manuel López, commercial manager of Statkraft Peru.
Minam estimates that a consumer of the Peruvian electricity grid generates 0.1511 tons of CO2 equivalent per MWh consumed. This means that a customer with a renewable energy certificate completely stops contributing to these emissions. In this way, the company will cease to emit 9,945 tCo2e (using the power grid emissions factor calculated by Minem for 2018).
