Improving Energy Management in Deep‑Level Mines by Integrating Advanced M&V with Operational Changes - Mining, Metallurgy & Exploration (2024)
- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 11
- File Size:
- 1123 KB
- Publication Date:
- Dec 13, 2023
Abstract
Advanced measurement and verification (M&V) is a process where the impact of an energy initiative is determined in real
time. Data prediction models can be used to predict and compare energy consumption with a predetermined baseline. Deeplevel
mines can benefit from advanced M&V as the impact of operational changes can be identified in real time. Ultimately,
this can ensure that informed decisions are made regarding energy management based on the impact and severity of the
occurrence.
Previous studies on advanced M&V do not account for operational changes to the model’s baseline. These changes can
significantly impact the performance of both the mine and related activities. The aim of this study is to propose a method
that can accurately predict the energy consumption of a deep-level mine regardless of operational changes. To achieve this
objective, nine different data predictive modelling techniques were considered.
The proposed method is based on the Moving Average (MA) modelling technique due to its simplicity, flexibility, and rapid
development time. The coefficient of variation for the root mean square error (CV(RMSE)) was used to statistically analyse
the modelling error. If the predictions exhibit an unsatisfactory CV(RMSE), the model dynamically adjusts to reduce the
prediction error.
The model was developed to adapt to operational changes in scenarios where the standard model becomes irrelevant. The
method developed in this study was able to predict the future energy consumption of deep-level mines with an accuracy of
99%, improving the mine’s energy and finance management.
Citation
APA: (2023) Improving Energy Management in Deep‑Level Mines by Integrating Advanced M&V with Operational Changes - Mining, Metallurgy & Exploration (2024)
MLA: Improving Energy Management in Deep‑Level Mines by Integrating Advanced M&V with Operational Changes - Mining, Metallurgy & Exploration (2024). Society for Mining, Metallurgy & Exploration, 2023.