{"id":1495018,"date":"2024-10-09T06:45:00","date_gmt":"2024-10-09T10:45:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1495018"},"modified":"2024-10-09T06:45:00","modified_gmt":"2024-10-09T10:45:00","slug":"projected-supply-deficits-for-key-energy-transition-metals","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/projected-supply-deficits-for-key-energy-transition-metals\/1495018\/","title":{"rendered":"Projected Supply Deficits For Key Energy Transition Metals"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Projected Supply Deficits For Key Energy Transition Metals<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>The demand for clean energy metals will grow by more than 400% by 2030, according to the Energy Transitions Commission (ETC).\u00a0<\/p>\n<p>Supply, however, is not on track to keep up with this surging demand.\u00a0<\/p>\n<p><a href=\"https:\/\/www.visualcapitalist.com\/sp\/visualized-projected-supply-deficits-for-key-energy-transition-metals\/\">Visual Capitalist <\/a>partnered with\u00a0<a href=\"https:\/\/appiancapitaladvisory.com\/\">Appian Capital Advisory<\/a>\u00a0to 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\u00a0<a href=\"https:\/\/www.energy-transitions.org\/publications\/material-and-resource-energy-transition\/\">ETC<\/a>\u00a0and\u00a0<a href=\"https:\/\/pubs.usgs.gov\/publication\/mcs2024\">U.S. Geological Survey<\/a>.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Appian_Key-Transition-Materials.jpg?itok=aCRJWaRs\"><\/a><\/p>\n<h2><strong>What Are the Critical Energy Transition Materials?\u00a0\u00a0<\/strong><\/h2>\n<p>Building a clean energy future isn\u2019t just about technology\u2014it\u2019s about materials. The transition to renewable energy will require a vast array of\u00a0<a href=\"https:\/\/www.visualcapitalist.com\/sp\/which-countries-dominate-the-supply-chain-for-strategic-metals\/\">raw metals<\/a>, such as:<\/p>\n<p><strong>Natural graphite and cobalt<\/strong>: Critical for electric vehicles (EVs) and energy storage.<\/p>\n<p><strong>Nickel<\/strong>: Critical for battery performance and an important component of wind turbines and green hydrogen technologies.\u00a0<\/p>\n<p><strong>Copper<\/strong>: Required for electrical wiring and expanding transmission infrastructure.\u00a0<\/p>\n<p><strong>Lithium<\/strong>: Central to batteries in EVs and energy storage.<\/p>\n<h2><strong>Projected Supply Deficits<\/strong><\/h2>\n<p>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.<\/p>\n<p><a href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/2024-10-07_16-34-06.gif?itok=0LCJ8bWz\"><\/a><\/p>\n<p>Together, the above energy transition materials require more than $700 billion of investment through 2050 to balance their supply deficits.\u00a0<\/p>\n<p>75% of these capital investments should be made by 2030 in order to meet demand by 2050, according to the ETC.<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Wed, 10\/09\/2024 &#8211; 02:45<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/commodities\/projected-supply-deficits-key-energy-transition-metals\" target=\"_blank\" class=\"\" rel=\"noopener\">https:\/\/www.zerohedge.com\/commodities\/projected-supply-deficits-key-energy-transition-metals<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Projected Supply Deficits For Key Energy Transition Metals The demand for clean energy metals will grow by more than 400% by 2030, according to the&#8230;<\/p>\n","protected":false},"author":0,"featured_media":1495019,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1495018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1495018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1495018"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1495018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1495019"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1495018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1495018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1495018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}