Global demand for raw materials is opening the door to a new market for Thordon Bearings, with one of the world’s largest mining companies, Grupo México, using the Canadian company’s grease-free and self-lubricating bearings in a myriad of pump and machinery applications.
Carbon is one of the most important building blocks of life. It serves as the basis of all natural materials and forms numerous bonds. When forests die, for example, CO2 enters the atmosphere and is bound by plants or rivers somewhere else. As a result, carbon is simply everywhere. And there's now more of it in the air than the natural cycle is able to neutralize. Carbo-Force GmbH has a strategy to counteract this: This startup from the northern German town of Preetz has developed groundbreaking plant for the carbonization of biomass. On January 1, 2023, Bauer Resources GmbH acquired 50% of the company's shares.
With effect from 1 January 2023, PERI Vertrieb Deutschland GmbH & Co. KG has acquired Implenia Schalungsbau GmbH in Bobenheim-Roxheim, Germany.
Turning abandoned Mines into Batteries
Turning abandoned Mines into Batteries - Underground Gravity Energy Storage system: a schematic of different system sections (credits: Hunt et. al.)
Renewable energy sources are central to the energy transition toward a more sustainable future. However, as sources like sunshine and wind are inherently variable and inconsistent, finding ways to store energy in an accessible and efficient way is crucial. While there are many effective solutions for daily energy storage, the most common being batteries, a cost-effective long-term solution is still lacking.
In a new IIASA-led study, an international team of researchers developed a novel way to store energy by transporting sand into abandoned underground mines. The new technique called Underground Gravity Energy Storage (UGES) proposes an effective long-term energy storage solution while also making use of now-defunct mining sites, which likely number in the millions globally.
UGES generates electricity when the price is high by lowering sand into an underground mine and converting the potential energy of the sand into electricity via regenerative braking and then lifting the sand from the mine to an upper reservoir using electric motors to store energy when electricity is cheap. The main components of UGES are the shaft, motor/generator, upper and lower storage sites, and mining equipment. The deeper and broader the mineshaft, the more power can be extracted from the plant, and the larger the mine, the higher the plant's energy storage capacity.
“When a mine closes, it lays off thousands of workers. This devastates communities that rely only on the mine for their economic output. UGES would create a few vacancies as the mine would provide energy storage services after it stops operations,” says Julian Hunt, a researcher in the IIASA Energy, Climate, and Environment Program and the lead author of the study. “Mines already have the basic infrastructure and are connected to the power grid, which significantly reduces the cost and facilitates the implementation of UGES plants.”
Other energy storage methods, like batteries, lose energy via self-discharge over long periods. The energy storage medium of UGES is sand, meaning that there is no energy lost to self-discharge, enabling ultra-long time energy storage ranging from weeks to several years.
The investment costs of UGES are about 1 to 10 USD/kWh and power capacity costs of 2.000 USD/kW. The technology is estimated to have a global potential of 7 to 70 TWh, with most of this potential concentrated in China, India, Russia, and the USA.
“To decarbonize the economy, we need to rethink the energy system based on innovative solutions using existing resources. Turning abandoned mines into energy storage is one example of many solutions that exist around us, and we only need to change the way we deploy them,” concludes Behnam Zakeri, study coauthor and a researcher in the IIASA Energy, Climate, and Environment Program.
Normet continues to invest in Electrification Technology and becomes a Minority Shareholder of Finland-based Startup Lekatech
The topic of sustainability has moved sharply into focus for all sectors around the world. Faced with the looming climate crisis, awareness of sustainable development has come to the fore and made its way into the underground mining and tunnelling industry. Normet is committed to sustainable development and is leading transformation into digitalised and sustainable underground mining and tunnelling.
In the Brenner Base Tunnel, the innovative DT923i tunnel drill rig from In the Brenner Base Tunnel, the innovative DT923i tunnel drill rig from Sandvik is in use for the first time in Central Europe...
Students from Freiberg University Mines Rescue and Mine-gas Protection Brigade highly placed at International Event
A team from Freiberg University of Mining and Technology has taken second place at this year’s MERD international mines rescue competition (Mine Emergency Rescue Development), which was held a...
Wired rock-pressure measuring systems are not rated as suitable for the long-term monitoring of abandoned salt mines as they are expensive, technically complex and lacking in functional reliability....
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