Minerals to Megawatts CRC’s Post

There are some exciting developments from the International Institute for Applied Systems Analysis (IIASA) that caught my attention. They are proposing a novel use for abandoned mine shafts in energy storage, using 40 million tonnes of sand. This idea suggests a sustainable solution for repurposing abandoned mines, and a big step towards addressing the long-term energy storage dilemma, especially across Africa. Alpha Resources has been actively involved in such innovations, recognising the mining industry's important role in the global shift to renewable energy. This strategy highlights the relationship between mining and sustainable energy solutions, highlighting the sector's ability to make a significant contribution to a more energy-secure future. #AlphaResources #RenewableEnergy #MiningInAfrica

“A world powered by renewables is a world hungry for critical minerals. For developing countries, critical minerals are a critical opportunity – to create jobs, diversify economies, and dramatically boost revenues. But only if they are managed properly. The race to net zero cannot trample over the poor. The renewables revolution is happening – but we must guide it towards justice.” https://lnkd.in/ea8SQbUy By United Nations #Commodities #Minerals #NetZero #Renewables

Worldwide, countries are taking steps to decarbonise their economies by using wind, solar and battery technologies, with an end goal of reducing carbon-emitting fossil fuels from the energy mix. In order for the transition to renewables to be meaningful and to achieve significant reductions in the Earth’s carbon footprint, mining will have to better mitigate its own environmental and social impacts. This global transition also has a trade-off: to cut emissions more minerals are needed to build renewable energy infrastructure. Advocates for renewable energy technology understand these impacts and between environmental opponents and capital developers there is a need to find a common ground. Sanofex Limited is committed to working with others to that end. A regulatory framework can help companies and governments meet their targets and manage the impacts of the next wave of mineral demand. Carbon Zero Minerals Limited (a division of the Sanofex Group) is ready to meet the requirements of the transition to a low-emissions Aotearoa New Zealand.

Drax Group (LSE:DRX) will update investors next Thursday, 29 February after a busy year for its plans to develop bioenergy with carbon capture and storage (BECCS). FTSE 250-listed Drax was given the green light to retrofit its North Yorkshire biomass power plant last month with the carbon capture technology, leaving the company now just seeking finance before pressing ahead with the plans. Analysts believe this may not be so clear cut though, with CitiGroup noting around the same time that open government support for such a controversial technology may be lacking in an election year. Drax’s current subsidy agreement with the government, which guarantees payments of £118.54 per megawatt for some of the energy from its biomass plant, will run out in 2027. More at #Proactive #ProactiveInvestors #LSE #DRX http://ow.ly/i1Lx105jnH0

The #lithiumIonBattery #supplychain is complex and is a key identified area for strengthening supply chain resilience. NAATBatt International and the National Renewable Energy Laboratory established the Lithium-Ion Battery Supply Chain Database to identify every company in North America involved in building lithium-ion batteries, from mining to manufacturing to recycling and everything in between. Recent updates to the database make it more accessible, with an online version, to companies in the sector looking to identify competitors and collaborators. The database also showcases key areas for coordination between supply chain companies, such as linking end-of-life facilities with midstream manufacturing capabilities. The more robust database offers a more representative picture of the battery supply chain landscape, benefitting companies across the lithium-ion battery supply chain sector.

The clean energy transition is critically dependent on securing a sustainable supply chain for the minerals needed to build renewable energy technologies such as wind turbines, solar panels, and energy storage systems. However, there are ongoing challenges that stem from the disconnect between the energy industry, mining companies, and utilities. At the same time, energy companies are increasingly recognizing the need to strategize around critical minerals, in some cases even venturing into mining themselves. At Resourcing Tomorrow we have a great panel will bring together leaders from the energy, mining, and utilities sectors to explore solutions for bridging these divides and creating a more efficient, collaborative, and sustainable approach to securing the future of clean energy. Bridging the Divide for a Sustainable Clean Energy Transition – Securing Critical Minerals and Fostering Cross-Sector Collaboration Shobhan Dhir, Critical Minerals Analyst, International Energy Agency Avent Bezuidenhoudt Chief Executive Officer, Earth Capital Lawrence Jones Senior Vice President, International Programs, Edison Electric Institute Kerry Anne Shanks AFRY Management Consulting Kruthika A. Bala, Senior Ambassador, IoD Natural Resources Group

Unearthing the Mining and Recycling Challenges of Renewable Energy: Renewable energy technologies are poised for growth. However, their expansion places significant demands on critical minerals, raising concerns about potential supply shortages and increased costs. Tessa Lee's research highlights the substantial increase in critical mineral demand necessary to meet decarbonization goals, emphasizing the need for strategies such as recycling to mitigate shortages, while underscoring the importance of addressing sustainability and geopolitical challenges in scaling up mineral extraction to support the energy transition. #ecoxpress #wastefree #ecoliving

🌿💡 Lithium: The Keystone of the Green Energy Transition 💡🌿 As we accelerate towards a future powered by clean energy, the demand for critical minerals is surging. Clean energy technologies, from wind turbines to solar panels and electric vehicles, require significantly more minerals than their fossil fuel-based counterparts. Among these essential minerals, lithium stands as a beacon of hope and possibility. 🌱🔋 Why lithium, you ask? 🤔 It's all about the unique combination of its low weight and high energy storage density, making it the perfect for batteries, powering everything from electric cars to renewable energy storage systems. This energy storage capability is not just beneficial; it's crucial for the green energy transition, enabling us to harness and store renewable energy efficiently. However, as we embrace this mineral-intensive future, the need for sustainable sourcing practices has never been more critical. At Lithium Harvest, we're leading the charge toward a more responsible mining era. We understand that how we extract these vital minerals will shape the environmental footprint of the clean energy revolution. That's why we're committed to sustainable lithium extraction, using innovative technologies to minimize impact and turn waste into a resource. 🌎♻️ Learn more: https://lnkd.in/eUQi5E3g #Lithiumr #SustainableMining #CleanEnergy #GreenTech

The looming battery mineral supply gap will challenge the clean energy transition. Battery industry must prepare for significant deficits in key minerals such as copper, nickel, lithium, and cobalt, with the shortfalls ranging from 10% to 40%. #lithium #EVs #cleanenergy #climatechange #solarenergy #windenergy #batteries Sprott Energy Transition Plans Energy Transition by S&P Global Commodity Insights Energy Transition Engineering ETC https://lnkd.in/dkV22Cpf

🌱 #BiomassEnergy: Driving #SustainableEnergy Solutions We are thrilled to share the latest developments in our commitment to sustainable energy through investments in the biomass sector. Our strategic focus on renewable, carbon-neutral energy sources continues to drive growth and innovation. Here are the key updates from our investee: Increased Production Capacity: Expanded biomass production facilities to meet rising demand. Approval for Listing: Secured approval for an #IPO, boosting access to capital. Technological Research: Advancements in biomass conversion #technology, improving efficiency and reducing costs. These milestones underscore our dedication to promoting environmental sustainability and economic growth through innovative energy solutions. #InvestmentHighlight #RenewableResources #CleanTech #GreenInvesting