Online talk by Rebecca Schulz International Energy Agency on the energy transition.
Minerals are essential components in many of today’s rapidly growing clean energy technologies – from wind turbines and electricity networks to electric vehicles. Demand for these minerals will grow quickly as clean energy transitions gather pace.
An energy system powered by clean energy technologies differs profoundly from one fuelled by traditional hydrocarbon resources. Solar photovoltaic (PV) plants, wind farms and electric vehicles (EVs) generally require more minerals to build than their fossil fuel-based counterparts. A typical electric car requires six times the mineral inputs of a conventional car and an onshore wind plant requires nine times more mineral resources than a gas-fired plant.
The shift to a clean energy system is set to drive a huge increase in the requirements for these minerals, meaning that the energy sector is emerging as a major force in mineral markets. As energy transitions gather pace, clean energy technologies are becoming the fastest-growing segment of demand.
However, the path forward and speed of transition will be determined as the world emerges from the global Covid pandemic. Many countries around the world have made net-zero pledges, but less than 25% of these pledges are enshrined in legislation and many developing countries need support to make the transition.
Speaker Bio: Rebecca Schulz, Secondee at the International Energy Agency
Rebecca Schulz is a long-time veteran of the oil and gas industry having started as a petrophysicist in onshore south Texas and later led upstream development projects for Shell in the US, Europe, Asia and more recently leading most of Shell’s operated development in the Permian basin, Texas. Rebecca transitioned to the International Energy Agency on secondment supporting fuel supply, investment and geothermal for the World Energy Outlook team. Rebecca is the co-chair of the SPE Geothermal Working Group, Vice-Chair of Gaia/Sustainable Development Technical Section and a member of the 2021-23 HSES Program Committee for ATCE. Rebecca is passionate to see how the petroleum industry can use the skills and innovation of its people to lead clean energy innovation and deployment.
Free, booking essential: Book here