UTC Marine Minerals on Day 0 June 14th
Minerals are key for the energy transition
Learn more about the main drivers, knowledge status, challenges and possibilities within marine minerals in our UTC Marine Minerals seminar at USF Verftet.
A huge increase in the supply of minerals is required for the energy transition and this demand is mainly driven by the growth in renewable energy and batteries.
IEA and Rystad Energy estimates a quadrupling of minerals required to meet the sustainable development scenario by 2040, and orders of magnitude for several “energy transition minerals”.
Europe consumes about 25-30 percent of the global metal production while producing only about 3 percent. Europa aims to make its economy more resilient by diversifying its supply chains. Minerals are key to establishing new jobs and battery value chains.
According to US Geological Survey, the ocean contains most of the world’s energy transition minerals such as cobalt, nickel and manganese. Higher ore grade give potential for a smaller environmental and climate footprint than land-based mining, but there are still questions to be answered before we can conclude.
At our UTC Marine Minerals seminar, you will hear from world leading experts on mineral economy, public management, environment and battery value chains.
The event will be opened by Amund Vik, State Secretary, Norwegian Ministry of Petroleum and Energy.
The two key notes will be given by:
Erik Giercsky, Head Ocean Stewardship Coalition, United Nations Global Compact, who will talk about the global dilemmas in ensuring a sustainable energy transition.
Magnus Ericsson, RMG Consulting and adj. professor mineral economy LTU, who will talk about minerals as a key enabler for the energy transition.