Role of Critical Materials in the Energy Transition
- May 12, 2021 10:29 am GMT
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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