The requirement for critical minerals in renewable energy infrastructure is notably higher than for fossil fuel and nuclear energy infrastructure. Offshore wind energy structures, for example, require the equivalent of some 15,409 kilograms of critical minerals per megawatt of power generated, while natural gas infrastructure requires just 1,166 kilograms of critical minerals per megawatt generated.
The race to net zero is drastically increasing the global demand for critical minerals, which is having a noteworthy impact on the mining industry. New companies are emerging in the industry, and it is becoming increasingly important to mine sustainably.
Volume of critical minerals contained in selected energy technologies worldwide as of 2021, by type
(in kilograms per megawatt of power generated)
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PwC. (June 13, 2022). Volume of critical minerals contained in selected energy technologies worldwide as of 2021, by type (in kilograms per megawatt of power generated) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1317385/global-volume-critical-minerals-in-power-generation-technologies/
PwC. "Volume of critical minerals contained in selected energy technologies worldwide as of 2021, by type (in kilograms per megawatt of power generated)." Chart. June 13, 2022. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1317385/global-volume-critical-minerals-in-power-generation-technologies/
PwC. (2022). Volume of critical minerals contained in selected energy technologies worldwide as of 2021, by type (in kilograms per megawatt of power generated). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1317385/global-volume-critical-minerals-in-power-generation-technologies/
PwC. "Volume of Critical Minerals Contained in Selected Energy Technologies Worldwide as of 2021, by Type (in Kilograms per Megawatt of Power Generated)." Statista, Statista Inc., 13 Jun 2022, https://www.statista.com/statistics/1317385/global-volume-critical-minerals-in-power-generation-technologies/
PwC, Volume of critical minerals contained in selected energy technologies worldwide as of 2021, by type (in kilograms per megawatt of power generated) Statista, https://www.statista.com/statistics/1317385/global-volume-critical-minerals-in-power-generation-technologies/ (last visited December 21, 2024)
Volume of critical minerals contained in selected energy technologies worldwide as of 2021, by type (in kilograms per megawatt of power generated) [Graph], PwC, June 13, 2022. [Online]. Available: https://www.statista.com/statistics/1317385/global-volume-critical-minerals-in-power-generation-technologies/