U.S. energy supply chains are unlikely to meet anticipated demand
6 months ago
- #sustainability
- #clean-energy
- #supply-chain
- The U.S. is projected to fall short of meeting surging demand for wind, solar, and battery energy due to scarcity of critical raw materials like nickel, aluminum, and silicon.
- Trade wars, tariffs, and AI-driven energy demand could worsen the shortfall, leading to power outages, equipment damage, and higher electricity rates.
- A Johns Hopkins study suggests policy solutions and technological innovation to address material shortages and enhance domestic production and recycling.
- Researchers propose incentives for domestic material production, technological alternatives to scarce materials, and international collaboration to secure resources.
- The study emphasizes the need for adaptive supply chain strategies, including diversifying sources, creating reserves, and implementing risk management.