Visualizing Copper Demand for Renewables



The following content is sponsored by Teck.

 

copper demand infographic

Visualizing Copper Demand in a Renewables Powered Future

Renewable energy is considered one of the most effective tools to reduce global carbon emissions and fight climate change. However, building technologies like solar and wind power plants or electric vehicles (EVs) can be a mineral-intensive process.

Copper is considered an essential metal for renewables. The metal is highly conductive, can easily be shaped into pipes, wires, or sheets, and can remove heat far more rapidly than other metals. In fact, copper itself is a sustainable material. The metal is 100% recyclable and can be used repeatedly without any loss of performance.

The above infographic from Teck highlights how global copper demand in both the clean power and the clean transport sectors is expected to double in the next decades.

The Wind and Solar Boom

Copper has long been a common component in most electrical wiring, power generation, transmission, distribution, and circuitry because of its high conductivity and durability.

New energy technologies, however, require even more copper. Photovoltaics (PV) solar power systems contain approximately 5 tonnes (t) per megawatt (MW) of copper, while grid energy storage installations rely on 2.7 to 3.6t per MW.

YearPower Grids (t)EV Batteries (t)Wind (t)Solar (t)EV Charging (t)                   
20201.7M210K165K83K4.2K
20211.7M303K143K85K6.1K
20221.8M454K207K79K (Read more...)