Mark Mistry and Marco Vallini argue that for the EU Critical Raw Materials Act to fulfil its promise to address the energy transition, industry needs planning security for both ‘critical’ and ‘strategic’ raw materials.
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.
The proposed Regulation will introduce a wide range of sustainability requirements and promote the recycling of key battery raw materials like nickel. EU legislative work is entering a crucial phase.
Think of the largest cruise ship. Then imagine how much it weighs – just over 100,000 tonnes, in fact. Now think about 500 of those ships, and what they weigh. That is the staggering amount of new electronic waste that we generate every year.
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.
As delegates to the UN COP26 Climate Change conference in Glasgow grapple with the climate crisis, clean energy solutions will be in focus. Although clean energy technologies rely on metals and minerals that are unavoidably energy intensive to produce, the IEA says that the climate advantages of these technologies remain clear.
Even small quantities of nickel in an application can make a big difference to successful deployment.
Food safety starts with rigorous hygiene, and nickel-containing stainless steels are the superior, reliable standard at every link of the food chain.