THEORETICAL MODEL INTEGRATING OF RENEWABLE ENERGY INTO THE MINING INDUSTRY

Abstract

Renewable energy (RE) for the mining industry has perspectives for implementation and development. The political and economic mechanism plays a significant role towards RE penetration into the mining industry. The purpose of this theoretical model is to give a tool to energy policy makers and decision-makers for taking a decision in favor or disfavor RE penetration. The theoretical model integrating of RE into the mining industry has been developed as a complex model divided by parts.