Big Shovels: Supplying minerals for the energy future
Energy Infrastructure/Supply Chain
The transition from fossil fuels to renewable energy sources is disrupting the status quo. Capturing and distributing renewable energy and enabling the shift to electric vehicles will drive soaring demand for the required minerals as the global economy undergoes consequent restructuring. The scale and speed of the mineral supply needed to meet surging demand will pose challenges, potentially delaying adoption of new low-carbon technologies. Will government policies and climate goals amplify demand for copper, cobalt, nickel, lithium, rare earths and other minerals? Will regulatory hurdles hamper investment? How severe might the mismatch between mineral supply and future demand be, globally and in the United States? How are renewable project developers factoring for the call on minerals needed to power technologies?