Relative to 2020, the global demand volume for rare earth elements for renewable energy and electricity networks is forecast to grow by approximately 7.3 times by 2040 under the Sustainable Development Scenario. During the same timeframe, molybdenum demand for the same applications is forecast to grow nearly threefold under the Sustainable Development Scenario.
Demand growth index of renewable energy and network-related minerals worldwide for clean energy technologies in 2040 relative to 2020, by scenario
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IEA. (May 6, 2021). Demand growth index of renewable energy and network-related minerals worldwide for clean energy technologies in 2040 relative to 2020, by scenario [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1270256/demand-growth-index-of-renewable-and-network-related-minerals/
IEA. "Demand growth index of renewable energy and network-related minerals worldwide for clean energy technologies in 2040 relative to 2020, by scenario." Chart. May 6, 2021. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1270256/demand-growth-index-of-renewable-and-network-related-minerals/
IEA. (2021). Demand growth index of renewable energy and network-related minerals worldwide for clean energy technologies in 2040 relative to 2020, by scenario. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1270256/demand-growth-index-of-renewable-and-network-related-minerals/
IEA. "Demand Growth Index of Renewable Energy and Network-related Minerals Worldwide for Clean Energy Technologies in 2040 Relative to 2020, by Scenario." Statista, Statista Inc., 6 May 2021, https://www.statista.com/statistics/1270256/demand-growth-index-of-renewable-and-network-related-minerals/
IEA, Demand growth index of renewable energy and network-related minerals worldwide for clean energy technologies in 2040 relative to 2020, by scenario Statista, https://www.statista.com/statistics/1270256/demand-growth-index-of-renewable-and-network-related-minerals/ (last visited December 19, 2024)
Demand growth index of renewable energy and network-related minerals worldwide for clean energy technologies in 2040 relative to 2020, by scenario [Graph], IEA, May 6, 2021. [Online]. Available: https://www.statista.com/statistics/1270256/demand-growth-index-of-renewable-and-network-related-minerals/