See other World News Articles
Title: Projected Supply Deficits For Key Energy Transition Metals
Source:
[None]
URL Source: https://www.zerohedge.com/commoditi ... s-key-energy-transition-metals
Published: Oct 9, 2024
Author: Tyler Durden
Post Date: 2024-10-09 06:03:59 by Horse
Keywords: None
Views: 305
Comments: 3
The demand for clean energy metals will grow by more than 400% by 2030, according to the Energy Transitions Commission (ETC). Supply, however, is not on track to keep up with this surging demand. Visual Capitalist partnered with Appian Capital Advisory to visualize what these supply gaps may look like by 2030 and the mining investment needed to balance these deficits. The analysis uses data from the ETC and U.S. Geological Survey. What Are the Critical Energy Transition Materials? Building a clean energy future isn’t just about technology—it’s about materials. The transition to renewable energy will require a vast array of raw metals, such as: Natural graphite and cobalt: Critical for electric vehicles (EVs) and energy storage. Nickel: Critical for battery performance and an important component of wind turbines and green hydrogen technologies. Copper: Required for electrical wiring and expanding transmission infrastructure. Lithium: Central to batteries in EVs and energy storage. Projected Supply Deficits Here are the supply deficits expected by 2030 if the mining sector grows at its current trajectory, along with the investments needed to balance these deficits. Together, the above energy transition materials require more than $700 billion of investment through 2050 to balance their supply deficits. 75% of these capital investments should be made by 2030 in order to meet demand by 2050, according to the ETC. 
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: All (#0)
Corrupt Ukrainian Official's Son Found Lying In Bed With Huge Sum Of Money; $6 Million Seized From Medical Fraud Op Corrupt officials in Ukraine are making huge profits off of their own people... The Truth of 911 Shall Set You Free From The Lie
Russia Tacitly Recognizes China's Self-Proclaimed Status As A "Near-Arctic State" The reported Sino-Russo Coast Guard drills in the Arctic are proof of Russian support for this claim... The Truth of 911 Shall Set You Free From The Lie
Google Turns To Nuclear To Power Its Data Centers First Amazon, then Microsoft, now Google. The Truth of 911 Shall Set You Free From The Lie
https://www.zerohedge.com/geopolitical/corrupt-ukrainian-officials-son-found-lying-bed-huge-sum-money-6-million-seized
#2. To: All (#1)
https://www.zerohedge.com/geopolitical/russia-tacitly-recognizes-chinas-self-proclaimed-status-near-arctic-state
#3. To: All (#2)
https://www.zerohedge.com/energy/google-turns-nuclear-power-power-its-data-centers
Top • Page Up • Full Thread • Page Down • Bottom/Latest