Insight
The energy transition outlook for nickel
Report summary
We evaluate the impact on nickel demand of future power generation requirements under Wood Mackenzie's two accelerated energy transition scenarios. The nickel story is one dominated by its use in batteries – for electric vehicles and energy storage - although nickel-in-alloys demand will also increase moderately. The requirement for nickel to meet demand increases by 60% under Net zero and our long-term incentive price increases by 50%.
Table of contents
- Executive Summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
The energy transition outlook for lithium
The outlook for the lithium market is strongly linked to energy transition and to electric vehicles in particular
$1,050
Insight
The energy transition outlook for cobalt
Net Zero by 2050 will require magnet Co demand to more than double from today and battery-grade cobalt use to rise 15% higher than base case
$1,050
Insight
A delayed energy transition
3 ˚C warming pathway
$1,050