"Investment growth in solar electricity is dramatic, and along with wind it will dominate the worldwide energy scene within a few decades. Copper demand will increase because of the growing use of solar electricity. Solar power is among the quickest to build, creates jobs, community benefits, new tax revenue for small towns. Air conditioning and peak energy demands align with when the sun is shining. The USA, China and Germany are aggressively adding solar power. Copper is either the only choice or the quality technology choice for solar parks due to its conductivity, durability, malleability and so on."
Copper and Lithium become the strategic metals for the ongoing green revolution. Solar and Wind Energy and Electric Cars will drive the new demand for these metals. Solar Energy is growing very fast all over the world now. Energy Storage will be the next step to ignite this growth. This is the new focus of Elon Musk and his Gigafactory. He will introduce the home storage system based on the lithium batteries in the next few months. Copper will have its special place in this mass scale roll out of distributed energy generation systems with Wind and Solar Power. Integral part of this system - Energy Storage is getting popular now with Elon Musk Gigafactory and Warren Buffet with BYD making the headlines. These Trillion Dollar industries: Electric Cars and Energy Storage will drive the demand for Copper and Lithium in the future.
"Copper is in the very tight supply now and price is surging for the second day. This example just shows that resource nationalism is not going away. Security and diversity of supply will be the key. When Dr Copper will buy into the recovery story? Nobody knows it, but I doubt that FED can start any meaningful rate hikes before Copper will go back above $3.0 mark. FED is not driven by commodity prices, but there is no real growth before commodities will turn up again. Copper takes the particular place now as electrification of our transportation and introducing Solar Power on the mass scale will be driving the demand in years to come. Industry insiders will be our guide as usual here. Just follow the smart money, as this supply gap can be coming much sooner now. Read more."
"Our industry is getting hotter by the day. After Apple Electric iCar rumours running wild and getting more and more confirmation, we have Warren Buffett stepping into the Lithium Battery Race. Now we have Tesla with its Gigafactory, LG Chem with its Megafactory in China and Boston Power with stake holding by or strategic partner Ganfeng Lithium in Lithium Battery Race. BYD with Warren Buffett backing is making this investment landscape even more exciting. As Elon Musk has said: "All transportation, apart from rockets, will be electric" Read more."