Future of Copper

Deck: 

S&P Global

Fortnightly Magazine - September 2022
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.

Copper — the metal of electrification — is essential to the energy transition. But could a mismatch between available copper supply and demand present challenges to the achievement of net-zero emissions by 2050 goals?

S&P Global responded to that concern with a new study, The Future of Copper: Will the looming supply gap short-circuit the energy transition? The study examined the pivotal role copper will play in the energy transition and potential obstacles.

It identified a growing mismatch on a global basis between copper supply and future copper demand for electrification and the energy transition. The study quantified future demand in a way that has not been done before.

S&P Global released the results online in July. Taking part were S&P Global's Vice Chair Daniel Yergin, Executive Director of Economics and Country Risk Mohsen Bonakdarpour, Director of Energy Advisory Services Olivier Beaufils, Director of Economics and Country Risk John Mothersole, Director of Economics and Country Risk Keerti Rajan.
 

Vice Chair, S&P Global, Daniel Yergin: Our session is on the future of copper. Will the looming supply gap short circuit the energy transition? We're going to turn to what is our methodology for calculating the copper requirements in the energy transition, technology by technology, sub-technology by sub-technology.

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.