Energy Transition Metals

Energy Transition Metals
Author :
Publisher : International Monetary Fund
Total Pages : 41
Release :
ISBN-10 : 9781513599373
ISBN-13 : 1513599372
Rating : 4/5 (372 Downloads)

Book Synopsis Energy Transition Metals by : Lukas Boer

Download or read book Energy Transition Metals written by Lukas Boer and published by International Monetary Fund. This book was released on 2021-10-12 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario analysis. Metal prices would reach historical peaks for an unprecedented, sustained period in a net-zero emissions scenario. The total value of metals production would rise more than four-fold for the period 2021 to 2040, rivaling the total value of crude oil production. Metals are a potentially important input into integrated assessments models of climate change.


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