Finanzen / Bilanzen

Expansion of renewable energies and raw material requirements

Renewable energies are on the advance worldwide. In this country, too, the focus is on them.

The energy system of the future will be largely driven by renewable energies. According to estimates, the capacity of renewable energy plants in Germany will grow by around eleven gigawatts in 2023. Solar energy will account for 8.5 gigawatts of this. According to the International Energy Agency (IEA), the energy crisis marks the turning point toward more renewables and clean energy. Globally, clean power generation is expected to grow by 2,400 gigawatts from 2022 to 2027. Overall, global expansion in the power sector is expected to exceed 90 percent in renewables over the next five years. In the EU, last year was a record year for solar power. Now, 7.3 percent of electricity in the EU is produced by solar power. As the SolarPower Europe association calculates, by the end of 2023 solar capacity will be around 262 gigawatts in the EU. By 2026, it should then already be 484 gigawatts. At the same time, a decline in fossil electricity production is expected in 2023.

The target is net-zero CO2 emissions by 2050, and this will fuel demand for certain metals. That’s because electrolyzers, heat pumps and batteries that can store the energy produced will need to be manufactured. That’s where a shortfall in critical raw materials, such as lithium for lithium-ion batteries, is foreseeable, according to the International Energy Agency. Thus, companies working on lithium projects are coming into focus, such as Century Lithium or ION Energy.

In Nevada, Century Lithium – owns 100 percent of the Clayton Valley lithium project. The company’s goal is to supply the USA and also the rest of the world with lithium.

ION Energy – is working on its two lithium projects in Mongolia. China with its gigafactories is close as a lithium consumer.

Current corporate information and press releases from Century Lithium (- -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies:

Firmenkontakt und Herausgeber der Meldung:

Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271

Jörg Schulte
Telefon: +49 (2983) 974041
Für die oben stehende Pressemitteilung ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.