After several years of negotiation between EU institutions, the EU Carbon Border Adjustment Mechanism (CBAM) Regulation was adopted in 2023.
Reducing energy-related CO2 emissions is pivotal to limiting climate change, with the main drivers to bring about the required carbon reductions being renewable energy and energy efficiency. Concentrated solar power is one such renewable energy technology set to increase dramatically in the foreseeable future. It will need to provide energy at a competitive cost to outshine the competition.
Geothermal energy for electric power production has a low profile yet is significant in the current and potential energy mix for a number of countries. It has also been described as the most reliable of the renewable energy sources, above weather-dependent wind, solar and hydropower.
Should we be worried about there being enough nickel to supply the transition to electric vehicles and cleaner energy sources? Given its wide range of uses in important existing and emerging technologies, this is a frequently asked question.