Oyu Tolgoi power plant

The Globe and Mail says that Ivanhoe mines may have to change their plans for powering their Oyu Tolgoi project.

The original plan was to pull electricity from China by a dedicated power line and then build a coal fired power plant some time later on.

Now it seems that the talks about the Chinese electricity have hit some difficulties, which would mean that the coal power plant would need to be built earlier.

However, there is no financing for that in the investment plans for 2011 and 2012.

I recall that one can easily build modular solar photovoltaic capacity in a couple of months. A German project just built 78 Megawatt capacity right out of the box in three months. And they could do that in a modular way, building up the capacity as they need more.

If they don’t get their power line to China built, some such solution might be necessary at least for the time until their planned coal power plant is finished.

I think that is a very interesting development.


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