Having access to affordable, reliable and clean energy benefits everyone. This week is National Clean Energy Week (NCEW), hosted by CRES Forum. This annual event aims to bring together individuals, businesses, nonprofits, industry associations and politicians to influence the discussion on clean energy and create clean energy solutions. CDA is an official partner of NCEW because copper plays a big role in the clean energy market. Here’s how:
- Renewables
Two of the primary sources of renewable energy are solar and wind power. Copper’s superior electrical and thermal conductivities play a big role in collecting, storing and distributing solar energy. A well-designed solar PV plant uses approximately 9,000 pounds of copper per megawatt of peak capacity. Similarly, a 1.5-MW wind turbine relies on about 4,000 pounds. Overall, the generation of electricity from renewable energy has a copper usage intensity that is four to six times higher than it is for fossil fuels.
Metal Tiger Plc (LON:MTR) is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities. In Botswana, Metal Tiger has a joint venture project with partner MOD Resources Limited in the Kalahari Copper Belt in Botswana (70% MOD Resources/30% Metal Tiger).