Diesel price plunge slowed but not stymied renewables uptake

January 8, 2016

Responsive image

The mining sector’s uptake of renewable energy could be slowed by cheaper diesel in the wake of crude oil’s price plunge, head of THEnergy Thomas Hillig told an audience at a recent Canadian German chamber of industry and commerce conference on renewables in mining, in Toronto.

But other factors that spur demand have remained in place, particularly as governments, investors and communities demand greater environmental sustainability from mining operations.