Green energy push ‘the only positive from Covid’. Pandemic accelerated clean electricity schemes in states and cities during the pandemic.
FT 28th June 2021 read more »
Expanding renewable energy is a mineral intensive enterprise. Nature might provide the solar radiation and wind providing renewable energy, but the arteries through which the electricity flows are made of copper – and lots of it. Wind turbine gearboxes need manganese, platinum and rare earth magnets. EV batteries are made with lithium, cobalt and nickel. According to the International Energy Agency (IEA), a mid-century zero-carbon world will take a sixfold increase in the production of these and other transition minerals by 2030. Prices are already surging. The supply chains through which transition minerals flow are highly concentrated. Small groups of countries – the Democratic Republic of the Congo (cobalt), Indonesia and the Philippines (nickel), Australia and Chile (lithium) – dominate production. But Chinese mining companies are rapidly increasing investments. In processing, China is the main game in town. Its refining companies account for more than half of the world’s cobalt and lithium production. Global value chains for EV batteries are dominated from top to bottom by Chinese suppliers. They account for more than 80% of the raw materials for advanced battery materials.
Guardian 27th June 2021 read more »
ABERDEEN Renewable Energy Group has appointed its first chief executive as it looks to ensure North East Scotland capitalises on the opportunities that will arise amid the transition to a less carbon-intensive system. David Rodger will become chief executive of AREG in October after working in the oil and gas and renewables industries and for the civil service. Mr Rodger worked on the development of the Clashindarroch onshore windfarm near Huntly and of the European Offshore Wind Deployment Centre in a four-year spell at renewables giant Vattenfall.
Herald 28th June 2021 read more »