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Podcast / Audio

43. The quest for low carbon Aluminum - Redefining Energy podcast

image credit: Credit: Redefining Energy
Laurent Segalen's picture
CEO Megawatt-X

Laurent is a Franco-British financier, founder of Megawatt-X, the London-based global platform for Renewable Energy Assets. For the past twenty years, Laurent has been trading and managing...

  • Member since 2019
  • 174 items added with 153,568 views
  • Feb 1, 2021
  • 1465 views

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Aluminum is a key metal for the Energy Transition with the development of EVs, non-plastic packaging and Renewables. But it is also a very energy-intensive metal, consuming 15MWh/t aluminum: this represents 3% of the world’s power consumption. Some of the greenest producers are taking action to promote a cleaner way to produce aluminum; they are also pushing the market to properly price “green metal” vs “black metal”. To discuss those critical issues, we have the pleasure to welcome Lord Greg Barker on the show. After a distinguished career as UK Minister of State for Energy and Climate Change under David Cameron’s government from 2010 to 2015, Lord Barker is now Chairman of EN+. EN+ is the largest Aluminum producer in the world outside China and also the largest private owner of Hydro Capacity in the world. Lord Barker is on a mission to clean the Aluminum sector, and debates with Gerard and Laurent how the pricing of carbon will help boost the advent of green metals.

 

Discussions
Matt Chester's picture
Matt Chester on Feb 1, 2021

Such an important part of the decarbonization journey-- especially as certain countries/regions are getting more industrialized and urbanized!

Laurent Segalen's picture
Laurent Segalen on Feb 1, 2021

Crazy to think that 60% of Alumimum comes out of coal. You think 1.8tCO2/t of steel is bad... but what about 20tCO2/t Alu when from India or China. Plus the Alu market is oversupplied! Ridiculous. There must be a price to pay for those externalities

Gerard Reid's picture
Gerard Reid on Feb 1, 2021

There will be....

Laurent Segalen's picture
Thank Laurent for the Post!
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