Closed-loop pumped hydro energy is a proven technology that allows for renewable energy to be stored over long durations while energy supply to the grid is plentiful, and dispatched at times when there is a need for generation to respond to fluctuations in variable energy sources to meet demand.
The approach would allow setting up a closed-loop system that would pump water from the open-pit lake up to a reservoir onsite for storage, ready for hydro energy generation on release of water back to the open-pit when required, the company said.
“Since closing Touquoy, we have been looking at potential alternative land uses as we move into mine reclamation phase.” Andrew Strelein, managing director and CEO of Atlantic Mining said in the statement. “This initiative with Natural Forces is a reflection of our ongoing efforts to deploy innovative solutions in all aspects of our operations, including closure.
