The Long-Term View: Navigating Critical Mineral Management in Sustainable Energy Transitions
CRU Breakfast 2023 was designed to offer a comprehensive understanding of the core and critical commodities, assessing their potential impacts on the global economy, and evaluating their role in the current Energy Transition.
This year CRU experts explored the strategic outlook, medium-term, and long-term perspectives of global commodity markets.
Session 3: The Long-Term View
This session featured in-depth discussion on the strategic management and challenges of global energy transition towards sustainability. The focus was on evaluating the current state and projecting future pathways for energy transitions, emphasising the crucial role of critical minerals. CRU experts dissected the stages of transition, from initial renewable energy installations to comprehensive grid adjustments and the implications of these changes on a global scale.
Join CRU experts in a discussion covering:
- Evaluation of global emissions reduction efforts and their alignment with the 2°C target;
- Detailed breakdown of the energy transition stages, highlighting the journey from renewable installations to mass transition and final grid modifications;
- Analysis of the global rise in solar capacity and its evolving economic viability;
- The urgent need for accelerating the energy transition process, especially in the mass transition phase;
- Exploration of nuclear energy's potential and its associated public perception challenges;
- Discussion on the critical role of public support in adopting renewable energy sources like wind and solar
- Projections of future energy demands and the associated challenges in scaling up solar and wind energy resources.
This session provides a deep dive into the complexities and strategies essential for a successful and sustainable global energy transition.