Wind energy installations require the use of specific metals and minerals for its operation. Projections for 2050 indicate that iron will be the most in-demand metal in the global wind energy industry, at an anticipated 84.6 percent of the minerals demanded by the industry at that time. In this context, iron is mainly used for turbines, generation cores, mainframes, and rotor hubs.
Forecast distribution of mineral demand for wind energy worldwide in 2050 by type
Characteristic
Share of demand
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* Includes the iron used directly in turbines, generation cores, mainframes, and rotor hubs. Excludes iron demand for steel components.
** Including aluminum, chromium, lead, molybdenum, manganese, neodymium, and nickel.
Projection under the two degrees scenario.
Dysprosium is not included in this analysis, which is used in
permanent magnet direct-drive turbines.
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World Bank. (May 11, 2020). Forecast distribution of mineral demand for wind energy worldwide in 2050 by type [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1230073/global-mineral-demand-distribution-forecast-for-wind-energy/
World Bank. "Forecast distribution of mineral demand for wind energy worldwide in 2050 by type." Chart. May 11, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1230073/global-mineral-demand-distribution-forecast-for-wind-energy/
World Bank. (2020). Forecast distribution of mineral demand for wind energy worldwide in 2050 by type. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1230073/global-mineral-demand-distribution-forecast-for-wind-energy/
World Bank. "Forecast Distribution of Mineral Demand for Wind Energy Worldwide in 2050 by Type." Statista, Statista Inc., 11 May 2020, https://www.statista.com/statistics/1230073/global-mineral-demand-distribution-forecast-for-wind-energy/
World Bank, Forecast distribution of mineral demand for wind energy worldwide in 2050 by type Statista, https://www.statista.com/statistics/1230073/global-mineral-demand-distribution-forecast-for-wind-energy/ (last visited July 22, 2024)
Forecast distribution of mineral demand for wind energy worldwide in 2050 by type [Graph], World Bank, May 11, 2020. [Online]. Available: https://www.statista.com/statistics/1230073/global-mineral-demand-distribution-forecast-for-wind-energy/
