Person:
Toledano, Perrine

Profile Picture
Author Name Variants
Fields of Specialization
Extractive industry and sustainable development
Degrees
ORCID
Externally Hosted Work
Contact Information
Last updated: January 31, 2023
Biography
Perrine Toledano is the Senior Economics Researcher of the Columbia Center on Sustainable International Investment (CCSI); she also leads the CCSI’s focus on Extractive Industries and Sustainable Development. In those capacities, she leads research, training and advisory projects on fiscal regimes, financial modeling, leveraging extractive industry investments in rail, port, telecommunications, water and energy infrastructure for broader development needs, local content, revenue management, and optimal legal provisions for development benefits. Prior to joining the CCSI, she worked as a consultant for several non-profit organizations (World Bank, DFID, Revenue Watch Institute) and private sector companies (Natixis Corporate Investment Bank, Ernst and Young). Her experience includes auditing, financial analysis, IT for capital markets, public policy evaluation and cross-border project management. She has a Masters of Business Administration from ESSEC (Paris, France) and a Masters of Public Administration from Columbia University.

Filters

2000 - 20191
Browse topic tree
Browse document type tree
Reset filters

Settings

Statistics
Citations

Publication Search Results

Now showing 1 - 1 of 1
  • Thumbnail Image
    Publication
    The Power of the Mine : A Transformative Opportunity for Sub-Saharan Africa
    (Washington, DC: World Bank, 2015-02-05) Robinson, Peter; Banerjee, Sudeshna Ghosh; Romo, Zayra; McMahon, Gary; Toledano, Perrine; Pérez Arroyo, Inés
    Africa needs power - to grow its economies and enhance the welfare of its people. Power for all is still a long distance away - two thirds of the population remains without electricity and enterprises rank electricity as a top constraint to doing business. This sub-optimal situation coexists while vast energy resources remain untapped. One solution to harness these resources could be to tap into the concept of anchor load. Mining industry lends itself to the concept of anchor load as it needs power in large quantity and reliable quality to run its processes. Underpinned by a comprehensive database of mining projects between 2000 and 2020, this report explores the potential and challenges of using mining demand for power as anchor load for national power system development and expansion of electrification. This report finds that mining demand can indeed be a game-changer - an opportunity where policymakers and international community can make a difference in tapping the enormous mineral wealth of Africa for the benefit of so many people. The utilities would benefit from having mining companies as creditworthy consumers that facilitate generation and transmission investments producing economies of scale needed for large infrastructure projects, benefiting all consumers in the system. The mines would benefit from grid supply - typically priced much lower than self-supply - which allows them to focus on their core business, greatly enhancing their competitiveness. The country would benefit from more exports and tax revenues from mines, more job opportunities in local firms selling goods and services to the mines, and a higher GDP. The report estimates that mining demand for power can triple since 2000 going upto 23 GW in 2030. While South Africa will continue to be the dominant presence in mining landscape, its importance will reduce and other countries, primarily in Southern African region, will emerge as important contributers of mining demand for power. Simulations in countries with minimal power-mining interface suggests that bringing this demand explicitly into the power planning process can ensure more investments in both grid and off-grid power systems and potentially superior service delivery outcomes for mines as well as communities. These opportunities can also be attractive investment destinations for private sector. However, there are also risks and institutional roadblocks in power-mining integration - addressing many of them and employing risk mitigation mechanism are within the control of policymakers.