Energy storage is a foundational clean energy technology that can enable transformative technologies and lower carbon emissions, especially when paired with renewable energy. However, clean energy transition technologies need completely different supply chains than our current fuel-based supply chains. These technologies will instead require a material-based supply chain that extracts and processes massive amounts of minerals, especially critical minerals, which are classified by how essential they are for the modern economy. This work creates a flexible mathematical optimization framework for critical mineral supply chain analysis that, once provided with exogenously supplied projections for parameters such as demand, cost, and carbon intensity, can provide an efficient analysis of a mineral or critical mineral supply chain.
Tags: Energy Technology, Projects