As the world gears up for the United Nations Climate Change Conference (COP-29) in November this year, nations which are most vulnerable to climate change are launching and executing strategies to mitigate the extreme variability and erratic fluctuations in global weather.
The new EU Battery regulation has implications for nickel producers both inside and outside Europe. If they are supplying material to the EU battery chain destined for the European market all producers need to comply with the new rules.
Just as the EV revolution was gearing up to become consumer driven, there was an increase in raw material prices, semi-conductor shortages and recently a steep rise in electricity prices. At a time of energy crisis, are EVs still a game changer?
Materials selection for any piece of equipment or a process system is rarely a simple task, unless you are exactly replicating something successful. Often engineers will have a checklist to help them narrow down the choices, eliminating groups of materials that are not suitable for various reasons. Austenitic 300 series stainless steels containing 7-35% nickel will have most if not all of the boxes checked for being suitable where a stainless steel is desired.
Batteries, notably those used in electric vehicles, play an essential role in the plans of the European Commission to deliver the EU Green Deal. They are considered as a critical and strategic technology to achieve Europe´s ambitious climate change mitigation targets and to move towards green and sustainable mobility.
Electrification of light-duty vehicles is trending in many parts of the world and is on track to become a consumer driven phenomenon but let’s not forget the heavy-duty vehicles such as trucks and buses.
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.
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.
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.