Rare earth metal shortages could hamper deployment of low-carbon energy technologies

Thursday, November 10, 2011 - 13:01 in Physics & Chemistry

Following the release of a Commission report on critical raw materials in 2010, scientists at the Joint Research Centre (JRC) highlighted in a new report that five metals, essential for manufacturing low-carbon technologies, show a high risk of shortage. Reasons for this lie in Europe's dependency on imports, increasing global demand, supply concentration and geopolitical issues. The report recommends actions to prevent shortages and thus allow a smooth implementation of the Commission's Strategic Energy Technology (SET) Plan, aimed at accelerating the development and deployment of low carbon technologies.

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