PUBLICATION
Nordic Region Power 2011 POWER Release
In an age characterized by growing concerns over energy and environmental issues, the Nordic countries are gaining a reputation for something altogether more uplifting than short days and long winters. They are taking an indubitable lead in the international push toward more efficient energy consumption and power generated from more sustainable sources. The 22% of electricity supply that Denmark harnesses from wind power is the highest proportion in the world. Sweden already generates approximately 97% of its electricity from carbon- neutral sources, Norway generates 98.8% of its power from hydro, and Finland generates 29.5% from renewable sources. In addition to making the most of available resources, the northern climate has arguably played a role in motivating these developments, as long cold winters require significant amounts of energy for heating and lighting.
RECENT PUBLICATIONS
It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.
MORE PREVIOUSLY PUBLISHED
MACIG
SUBSCRIBE TO OUR NEWSLETTER
- Get GBR content delivered to your inbox
- Receive industry based news
- Completely free, e-mail only
