article thumbnail

Lithium-rich Chile, already a global renewable energy leader, proposes a new strategy

Energy Transition

Despite its historic ties to fossil fuels and copper mining, in recent years Chile has accelerated its energy transition. With a population of just under 20 million, Chile is now targeting 80% renewable electricity by 2030 and a 100% zero emissions power grid by 2050. Containing massive lithium reserves.

Lithium 52
article thumbnail

5 Major Technologies Changing The Future Of The Renewable Energy Industry

The Environmental Blog

This awareness has led to both governments as well as normal human beings trying to take steps to make the transition from fossil fuels to clean energy. Few would have imagined that normal homes in small neighborhoods would be getting powered by solar energy a few years back. It can also help in effective storage solutions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Clean energy technology supply chains must get better, faster, cleaner, says report

Envirotec Magazine

offshore wind transport vessels or grid transformers) that are costly and have long lead times. Key areas of particular short-term concern are: Scale-up extraction of copper (critical to all technologies) and lithium (a critical battery input) which are difficult to substitute.

article thumbnail

The clean energy transition is just getting started with much more to come in 2024

Smart Energy International

Fortunately, an economy powered by renewable energy is potentially much more secure and resilient than one reliant upon fossil fuels. Today, energy storage = lithium-ion and the supply chain for lithium-ion batteries runs through a small number of countries, creating supply chain risks.

Energy 106
article thumbnail

How Siemens Energy Is Targeting the US Green Hydrogen Opportunity

GreenTechMedia

Green hydrogen is both an untested and a potentially vital way for renewable-energy-powered grids to store their intermittent power for later use, not just for hours at a time, but for days, weeks or even seasons ahead. The challenges for green hydrogen as a power grid resource.

Hydrogen 130
article thumbnail

Rising battery storage costs: A long-term trend or short term blip?

Business Green

But batteries undeniably remain the most common form of energy storage and are widely regarded as a critical component of the net zero transition and an enabler of both vehicle electrification and cleaner, more efficient grids dominated by intermittent solar and wind power.

article thumbnail

'Looming mismatch': Could a clean tech metals supply crunch slow the net zero transition?

Business Green

Minerals such as lithium and copper are critical for EVs and renewables, but a lack of investment and policy clarity risks undermining the burgeoning market. By acting now and acting together, they can significantly reduce the risks of price volatility and supply disruptions.".