{"id":1132059,"date":"2019-08-12T12:03:00","date_gmt":"2019-08-12T17:03:00","guid":{"rendered":"https:\/\/www.mining.com\/?p=999094"},"modified":"2019-08-12T12:03:00","modified_gmt":"2019-08-12T17:03:00","slug":"ev-sector-will-need-250-more-copper-by-2030-just-for-charging-stations","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1132059","title":{"rendered":"EV sector will need 250% more copper by 2030 just for charging stations"},"content":{"rendered":"<p>While is a known fact that electric vehicles (EVs) use about<br \/>\nfour times more copper than gasoline-powered vehicles, short-term demand for<br \/>\nthe metal won\u2019t come from the car industry, but from the charging stations and<br \/>\nrelated infrastructure that need to be in place to support EV growth, a new<br \/>\nstudy shows.<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>According to Scottish consultancy Wood Mackenzie, there will be more than 20 million EV charging points by 2030, consuming over 250% more copper than in 2019. But such forecast would only become reality if more private and public investment is allocated to it.<\/p>\n<p>The EV charging infrastructure ecosystem is very complex,<br \/>\nand most projects require strong partnerships between both public and private<br \/>\nstakeholders to deploy necessary infrastructure, the research notes. <\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>&#8220;Range anxiety \u2013 worrying that a battery will run out of power mid-journey \u2013 is a key psychological barrier standing in the way of more widespread EV adoption .&#8221;<\/p>\n<p><cite>Henry Salisbury, Wood Mackenzie.<\/cite><\/p><\/blockquote>\n<\/figure>\n<p>No only electric utilities, but equipment makers, software and<br \/>\nnetwork providers, as well as governments and non-governmental organizations<br \/>\nwill need to join efforts, the report says.<\/p>\n<p>In North America alone, the EV infrastructure market will total $2.7 billion by 2021 and $18.6 billion by 2030, according to the report. <\/p>\n<p>\u201cBy 2040, we predict that passenger EVs will consume more than 3.7 million tonnes of copper every year. In comparison, passenger internal combustion engine (ICE) vehicles will need just over 1Mt,\u201d says Henry Salisbury, WoodMac research analyst. \u201cIf we look at cumulative demand, between now and 2040 passenger EVs will consume 35.4Mt of copper \u2013 around 5 Mt more than is required to meet current passenger ICE demand.\u201d<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.mining.com\/wp-content\/uploads\/2019\/08\/growth-of-evs-will-require-massive-charging-infrastructure-build-out-wood-mackenzie-1024x933.png\" alt=\"\" class=\"wp-image-999101\" srcset=\"https:\/\/www.mining.com\/wp-content\/uploads\/2019\/08\/growth-of-evs-will-require-massive-charging-infrastructure-build-out-wood-mackenzie-1024x933.png 1024w, https:\/\/www.mining.com\/wp-content\/uploads\/2019\/08\/growth-of-evs-will-require-massive-charging-infrastructure-build-out-wood-mackenzie-300x273.png 300w, https:\/\/www.mining.com\/wp-content\/uploads\/2019\/08\/growth-of-evs-will-require-massive-charging-infrastructure-build-out-wood-mackenzie-768x700.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption><em>Courtesy of <\/em><a href=\"https:\/\/www.woodmac.com\/news\/editorial\/growth-of-evs-will-require-massive-charging-infrastructure-build-out\/\"  rel=\"noopener noreferrer\"><em> Wood Mackenzie.<\/em><\/a><\/figcaption><\/figure>\n<p>Currently, less than 1% of the world\u2019s vehicles are<br \/>\nelectric, but by 2030 EVs are expected to make up approximately 11% percent of<br \/>\nnew car sales.<\/p>\n<p>Consumption from the car industry will also weigh on demand,<br \/>\nbut later. An average gasoline-powered car uses about 20 kg of copper, mainly<br \/>\nas wiring. A hybrid needs about 40 kg and a fully electric car has roughly 80<br \/>\nkg of copper (176 pounds).<\/p>\n<p>The amount goes up as the size of the vehicle increases. For<br \/>\nexample, a fully electric bus uses between 11 and 16 times more copper than an<br \/>\nICE passenger vehicle \u201a\u2014 depending on the size of the battery and the actual<br \/>\nbus.<\/p>\n<p>It means that, in the next decade,&nbsp;global copper demand will increase between 3 and 5 million tonnes, <a href=\"http:\/\/www.mining.com\/impact-electric-cars-medium-term-copper-demand-overrated-experts-say\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">experts seem to agree<\/a>. Once electric vehicles become popular, they estimate demand to reach 11,000,000 tonnes of new copper for EV\u2019s alone, with potential upside in other green technologies.<\/p>\n<h2><strong>Practical and psychological barriers<\/strong><\/h2>\n<p>While EVs are getting cheaper and able to go farther on a<br \/>\nsingle charge, car shoppers face the challenge of being able to charge their vehicles<br \/>\non long trips.<\/p>\n<p>Gas stations are everywhere, the process of refuelling is<br \/>\nfast and there&#8217;s rarely any need to plan this kinds of stops ahead of time.<\/p>\n<p>EV charging stations are far from being that common. Despite advances in charger and battery technologies, it still takes much longer &nbsp;\u2014 about 30 minutes with today&#8217;s fast chargers \u2014 to recharge a car battery than to fill up the tank.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"alignleft\"><img decoding=\"async\" src=\"https:\/\/www.mining.com\/wp-content\/uploads\/2019\/08\/electric-cars.jpg\" alt=\"\" class=\"wp-image-999109\" srcset=\"https:\/\/www.mining.com\/wp-content\/uploads\/2019\/08\/electric-cars.jpg 450w, https:\/\/www.mining.com\/wp-content\/uploads\/2019\/08\/electric-cars-300x200.jpg 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><figcaption>Demand for copper is set to rise with the boom in electric cars. (<em>Image by <a href=\"https:\/\/www.shutterstock.com\/image-photo\/vehicle-electric-motor-eco-car-515877400?src=pLZvankKQ2QZ1cea8NSNmg-1-3\"  rel=\"noopener noreferrer\"> Scharfsinn | Shutterstock.<\/a><\/em>)<\/figcaption><\/figure>\n<\/div>\n<p>&#8220;As it stands, range anxiety \u2013 worrying that a battery<br \/>\nwill run out of power mid-journey \u2013 is a key psychological barrier standing in<br \/>\nthe way of more widespread EV adoption,\u201d WoodMac\u2019s Salisbury says.<\/p>\n<p>&#8220;One way to address this is to roll out more charging<br \/>\ninfrastructure. As this happens, more connections to the electrical grid will<br \/>\nbe required and more copper will be needed as the network expands,\u201d he notes.<\/p>\n<p>The expert also believes copper will benefit from the fact<br \/>\nthat there are not viable alternatives to it. The metal\u2019s physical properties<br \/>\nmake it the best to conduct electricity and it can comfortably accommodate the<br \/>\nhigher temperatures common to EVs.<\/p>\n<p>\u201cAluminum&nbsp;is the closest alternative,\u201d Salisbury says. \u201cHowever,<br \/>\ndespite it being lighter and almost three times cheaper, copper comes up trumps<br \/>\non size and efficiency. An&nbsp;aluminium&nbsp;cable needs to have a<br \/>\ncross-sectional area that is double the size of any copper equivalent to<br \/>\nconduct the same amount of electricity.\u201d<\/p>\n<p>Copper is also a key element in green technologies and<br \/>\nrenewables, which despite being adopted at a fast pace,&nbsp; still represent<br \/>\nonly a minor percentage of the world\u2019s total energy production.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Scottish consultancy Wood Mackenzie estimates that there will be more than 20 million EV charging points by then.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1016,369],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1132059"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1132059"}],"version-history":[{"count":5,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1132059\/revisions"}],"predecessor-version":[{"id":1132390,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1132059\/revisions\/1132390"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1132059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1132059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1132059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}