Florian Fizaine

Mineral Resource Economics 1


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electrical systems in decreasing order of CO2 equivalent emissions. If we focus on the material footprint, the energy transition appears to be consistent with a policy of resource conservation. Coal is far ahead at more than 2,715 kg/kWh compared to only 0.036 kg/kWh for hydropower. Renewable energies continue to consume fossil fuels for their construction but in much smaller proportions than fossil fuel-based electrical systems. A more specific analysis of the metal footprint reveals a much less clear general pattern (Figure I.2). Here, geothermal energy, followed by wind and concentrated solar power, now appear to be the highest in metal consumption.

      Of course, these studies also bring with them other areas of shadow, on the one hand because they often reason in isolation; that is, they consider only the material necessary for the manufacture of the wind turbine but not necessarily the mining waste brought by the extraction of the neodymium incorporated in the permanent magnets of the latter (except for this last study). On the other hand, the environment is often excluded from the electrical production system. So, what about the material footprint of the connection of offshore wind turbines and back-up, smart-grid or storage solutions necessary for intermittent renewable energies to perfectly replace fossil fuels? In the same vein, these studies often ignore the intra-technological complexity of power generation systems by considering only large groups (onshore wind, offshore wind, photovoltaics, etc.), whereas there is a significant intratechnological variability in the material footprint, especially for certain specific metals. It may be added that while the share of electricity in the energy mix is expected to increase in the future, metals used in the energy sector are not limited to the production of electricity alone, but also concern other sectors of energy production or use, which themselves consume metals (LEDs, batteries, electric vehicles, etc.). Finally, reasoning in partial equilibrium, ignoring other sectors, induces large blind spots, for example by ignoring the conflicts of use between the digital and energy sectors for metals such as cobalt and lithium (electrochemical batteries) and also indium and gallium (flat screens, printed circuit boards and thin-film PVs).

      However, more than these studies, the awareness of the media, the public and decision-makers has probably taken place through the epiphenomenon of the rare earth crisis (used in many offshore wind turbines). The soaring price of lanthanides quickly triggered deep concerns among industrialists and the general public. And what if, beyond the geopolitical crisis, our world was to enter a mining impasse, sending the boom in renewable energies halfway into limbo for lack of metals?

      Moreover, the many reports and photos of workers in artisanal cobalt mines in the Democratic Republic of Congo and in rare earth mines in China remind us that environmental sustainability in industrialized countries is meaningless if it is not also part of a socially just and economically secure support for all citizens of the world.

      Although a number of technological impasses have been identified and many points of tension on particular resources must be thwarted with these insights, the realization has nevertheless opened up a lot of thinking on all fronts.

      To initiate this reflection, we have decided to adopt a structured approach based on three axes: context, issues and leverages of action, spread over two separate volumes. In Volume 1 of this work, the first axis – context – retraces a few elements that allow for a better understanding of the situation of mineral resources.

      First of all, while mineral resources are at the heart of the most advanced technologies, a detailed knowledge of their flows is required in order to assess their demand. This is