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Role of Critical Materials in the Energy Transition

Gerard Reid's picture
Leader , Alexa Capital

Gerard Reid is is focused on assisting people and organizations in the energy and mobility areas who are struggling to understand and come to terms with unpredictable and rapid change going on...

  • Member since 2019
  • 152 items added with 141,348 views
  • May 12, 2021
  • 1479 views

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This is a really important report as it shows that we have the materials to decarbonise our world and shift from fossil fuels. So for instance the International Energy Agency (IEA) notes that we have 170 times as much as lithium reserves as annual demand which is of course great for batteries and the electrification of transport However, the report is pretty negative about how to do this BUT I think their Slant is wrong. For example, they show a chart that 1 MW of solar needs 6.5 tonnes of critical materials compared to 3 tonnes for a MW of coal....What this does not take into account is the weight of the fuel that is needed!!!! Crazy!! 

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Matt Chester's picture
Matt Chester on May 12, 2021

Thanks for sharing, Gerard. I think the real breakthrough is going to have to come in re-use/recycling in an effective and environmentally friendly manner. Eager to see what direction that side of it goes

Gerard Reid's picture
Gerard Reid on May 14, 2021

Agreed!

Gerard Reid's picture
Thank Gerard for the Post!
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