Metal Supply to Face a Crunch as Europe Transitions to Green Energy | AIChE

Metal Supply to Face a Crunch as Europe Transitions to Green Energy

June
2022

Europe’s transition to green energy will require twice the nickel, more than three times the cobalt, and up to 35 times more lithium than the continent uses today.

The deployment of solar panels, wind turbines, hydrogen energy technologies, and electric vehicles and batteries will usher in a supply crunch in the metals industry, a report finds. This shortage will be particularly stark prior to 2040, when more key metals will become available for recycling...

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