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.
New energy legislation is set to optimize China’s energy structure and boost the use of non-fossil energy. Aligning with China’s regulatory agenda, nickel will play a vital role in tomorrow’s world powered by cleaner energy.
Most nickel production is destined for stainless steel. But a significant 8% is used in the production of alloy steels which are needed to deliver specific characteristics for specialised and often critical applications.