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Copper at the Crossroads

Author

Listed:
  • Clément Bonnet

    (IFPEN - IFP Energies nouvelles)

  • Gondia Sokhna Seck

    (IFPEN - IFP Energies nouvelles)

  • Emmanuel Hache

    (IFPEN - IFP Energies nouvelles)

  • Marine Simoën

    (IFPEN - IFP Energies nouvelles)

  • Samuel Carcanague

    (IRIS - Institut de Relations Internationales et Stratégiques)

Abstract

The aim of this article is to assess the impact of copper availability on the energy transition and to answer the question whether copper could become critical to the power and the transport sectors due to the high copper content of low-carbon technologies compared to conventional technologies. In order to assess the copper availability by 2055, we rely on our linear programming world energy-transport model, TIAM-IFPEN. We conduct two climate scenarios (2°C and 4°C) with two mobility scenarios implemented with a recycling chain. The penetration of low-carbon technologies in the transport and energy sectors (electric vehicles and low-carbon power generation technologies) tends to significantly increase copper demand by 2055. In order to investigate how the tension over copper resources can be reduced in the energy transition context, we consider several public policy drivers: a sustainable mobility and recycling practices. Results show that in the most stringent scenario, 96.1% of the copper resources known in 2010 have to be extracted. They also pinpoint the importance of China and Chile in the future copper market evolution.

Suggested Citation

  • Clément Bonnet & Gondia Sokhna Seck & Emmanuel Hache & Marine Simoën & Samuel Carcanague, 2019. "Copper at the Crossroads," Working Papers hal-03192499, HAL.
    • Handle: RePEc:hal:wpaper:hal-03192499
    Note: View the original document on HAL open archive server: https://ifp.hal.science/hal-03192499
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    References listed on IDEAS

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    Cited by:

    1. Vakulchuk, Roman & Overland, Indra & Scholten, Daniel, 2020. "Renewable energy and geopolitics: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 122(C).

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    More about this item

    Keywords

    Copper; Bottom-up modeling; Energy transition; Transport sector; Power sector; Recycling;
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