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This article revisits hybrid diesel-solar PV systems in two remote Northwest Territories communities with under 200 residents. It highlights the modest but valuable role of solar, the high cost of adding battery storage, and the limited efficiency of hybrid setups due to prolonged winter darkness requiring continued diesel use.
In this analysis, Costmine Intelligence used SHERPA—our proprietary cost modeling software—to replicate the project’s assumptions and calculate capital and operating costs based on current market rates, location-adjusted inputs, and a fully scoped cost framework.
Compare operating and capital costs for Eldorado Gold’s Skouries Project using Sherpa estimates. Discover how differences in labor, energy, and infrastructure assumptions impact OPEX and CAPEX—and why benchmarking with Sherpa supports more accurate, real-world planning.
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