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.
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.
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.
Ever-tightening sulphur oxide (SOx) emission regulations are increasing the use of marine scrubbers globally. Scrubbers operate in a highly corrosive environment and require the resilience of nickel-containing alloys to prevent failure.
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.