“More than 1,000 companies contacted us in the week following the presentation of our technology,” explains the head of Heliogen. “Small and large companies, including a major mining group that wants to reduce its energy consumption.

Among non-battery materials, demand for REEs grows by seven times in the SDS, but growth may be as low as three times today’s levels should wind companies tilt more towards turbines that do not use permanent magnets in the STEPS context.

Despite the rapid rise in FCEVs and the decline in catalytic converters in gasoline and diesel cars, demand for platinum-group metals in internal combustion engine cars remains higher than in FCEVs in the SDS in 2040.

Estimated levelised demand for selected minerals in electrolysers and fuel cells today, linear scale

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In the High gallium arsenide case, demand for arsenic, gallium and indium in 2040 are around twice as high compared to the base case in the SDS.

Mecanismos fotovoltaicos convertem a luz do Sol em eletricidade sem emitir quaisquer gases ou resíduos poluentes.

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Vanadium flow batteries (VFBs) first become commercially suitable in 2030 with a small share, growing modestly to capture a wider market for storage applications in large renewables projects.

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This data is collected directly from members using the IRENA Renewable Energy Statistics questionnaire and is also supplemented by desk research where official statistics are not available.

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