Major economies across the globe are setting climate neutrality targets. But proper measurement and methodologies are needed to provide transparency and common benchmarks when assessing carbon footprint. At a recent event in China, there was general consensus on the importance of adopting a harmonized approach to carbon footprint calculation and disclosure.
While it may require an initial higher investment when compared with other materials, stainless steel’s unique properties deliver long-term performance and economic benefits including minimum downtime, reduced maintenance costs and reduced environmental impacts.
Nickel-based alloys and nickel-containing stainless are playing key roles in an emerging source of renewable energy known as thermal solar plants or concentrated solar power (CSP). Their use has enabled the industry to overcome challenges in heat transfer and thermal storage technology.
Nickel’s role in enabling technologies is not always common knowledge. Yet its versatile properties present great opportunity for the nickel industry.