The transformation of energy production from coal, oil and natural gas to green technologies is in rapid progress. In Denmark, green energy production comprises more than 45 % of the total energy production. But the green transition requires a stable and sufficient supply of raw materials to produce all the wind turbines, solar cells, electric cars, heat pumps, batteries etc. – and at an affordable price. Some of these key raw materials are considered critical by the EU and only a very small fraction may be recovered from recycling.
At D-MIC, we prepare analyses of market developments for key raw materials for the green transition.
We offer
Scenario analyses
D-MIC makes scenario-based analyses, which inter alia, serve to uncover the raw material needs of the future and whether the green transition can be implemented without the price of raw materials increasing.
Criticality analyses
D-MIC conducts assessments of the criticality of raw materials – i.e. their economic and societal significance combined with the degree of security of supply. Such assessments can help avert the financial consequences of a structural raw material deficiency and are therefore relevant at both business level, national level and EU level.
Value chain analyses
D-MIC carries out analyses of the raw materials’ value chain, from investigation to production, to explain how market mechanisms, legislation and changes in market conditions affect the outcome of certain investments and political decisions.
LATEST PUBLICATIONS
RSS-artikler Grøn omstilling
- Mapping the cobalt and lithium supply chains for e-mobility transition 1. October 2024
- Spatiotemporal and multilayer trade network patterns of the global cobalt cycle 27. August 2024
- Critical metals and minerals in the Nordic countries of Europe 16. June 2023
- Battery technology and recycling alone will not save the electric mobility transition from future cobalt shortages 1. December 2022
About the green transition
Green transition creates demand for green raw materials. In particular, three technological solutions for the green transition increase the demand for raw materials:
Windmills
The number of wind farms is growing worldwide. This increases the consumption of raw materials for wind turbines.
For instance, 2,400 tonnes of concrete, 600 tonnes of steel, 18 tonnes of copper and 1 ton of rare earth metals are used to make one 6 MW land-based wind turbine.
Solar cells
Silicon, boron, titanium, gallium, aluminium, copper and silver are used to make solar cells, and demand is growing rapidly.
Batteries
An increasing demand for batteries for e.g. electric cars means an increasing demand for lead, cobalt, lithium and graphite in particular.
Flow of raw materials to various technologies in the green transition
See which critical raw materials are used in various technologies, as well as in which sectors those technologies are used.
The figure is interactive. Click on a + next to a group of raw materials or a technology and see more detail.
The above figure is based on the report ‘Supply chain analysis and material demand forecast in strategic technologies and sectors in the EU – A foresight study’.
