The Importance of Critical Minerals in Policy, US Emissions Projections, and Additional Topics

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Critical Materials for clean energy Technologies



US Department of Energy

The US Department of Energy defines critical materials as non-fuel minerals, elements, substances, or materials crucial for clean energy technologies. These materials have supply chains that pose significant risks, as outlined in the Energy Act of 2020. Recently, the department updated its list of critical materials, highlighting the importance of certain elements for energy technologies in the coming years.

Key Findings

According to the US Department of Energy’s assessment, lithium and nickel are identified as the most critical materials for energy technologies from 2025 to 2035. Additionally, dysprosium, iridium, neodymium, praseodymium, and terbium are among the materials facing the highest supply chain risks during this period. In total, the agency has classified 13 materials as critical for the clean energy sector.

Read More of this Story at – 2024-07-05 16:16:53

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