Predictive Maintenance

At the same time, the current supply chains of clean energy technologies present risks in the form of high geographic concentrations of resource mining and processing as well as technology manufacturing. For technologies like solar panels, wind, EV batteries, electrolysers and heat pumps, the three largest producer countries account for at least 70% of manufacturing capacity for each technology – with China dominant in all of them. Meanwhile, a great deal of the mining for critical minerals is concentrated in a small number of countries.

For example, the Democratic Republic of Congo produces over 70% of the world’s cobalt, and just three countries – Australia, Chile and China – account for more than 90% of global lithium production.

At the same time, the current supply chains of clean energy technologies present risks in the form of high geographic concentrations of resource mining and processing as well as technology manufacturing. For technologies like solar panels, wind, EV batteries, electrolysers and heat pumps, the three largest producer countries account for at least 70% of manufacturing capacity for each technology – with China dominant in all of them. Meanwhile, a great deal of the mining for critical minerals is concentrated in a small number of countries.

Surely it’s impossible to lift a container ship onto foils?

At the same time, the current supply chains of clean energy technologies present risks in the form of high geographic concentrations of resource mining and processing as well as technology manufacturing. For technologies like solar panels, wind, EV batteries, electrolysers and heat pumps, the three largest producer countries account for at least 70% of manufacturing capacity for each technology – with China dominant in all of them. Meanwhile, a great deal of the mining for critical minerals is concentrated in a small number of countries.

At the same time, the current supply chains of clean energy technologies present risks in the form of high geographic concentrations of resource mining and processing as well as technology manufacturing.

• Facility will be a key piece of product launches
• Venture capital investment into hydrogen firms
• Patent application in areas such as electrolysis

Power generation is currently the largest source of carbon dioxide (CO2) emissions globally, but it is also the sector that is leading the transition to net zero emissions through the rapid ramping up of renewables such as solar and wind. At the same time, the current global energy crisis has placed electricity security and affordability high on the political agenda in many countries.

At the same time, the current supply chains of clean energy technologies present risks in the form of high geographic concentrations of resource mining and
processing as well as technology manufacturing. For technologies like solar panels, wind, EV batteries, electrolysers and heat pumps, the three largest producer countries account for at least 70% of manufacturing capacity for each technology – with China dominant in all of them. Meanwhile, a great deal of the mining for critical minerals is concentrated in a small number of countries.

For example, policy actions to support demand creation for low-emission hydrogen, particularly in the industry and transport sectors (e.g. through mandates, public procurement and auctions) could increase the number of willing buyers; and financial incentives to help reduce production costs could improve the competitiveness of renewable hydrogen with other fuels and raise the likelihood of securing off‑takers. Investors would be able to move forward with planned projects once they have regulatory clarity over what qualifies as renewable hydrogen and how electricity is accounted for. Policies that help lower costs associated with transport and reconversion of ammonia and other hydrogen-based fuels would encourage the development of international markets for renewable hydrogen.