Energy Transition

The latest obstacle in the clean energy transition? Soaring metal prices

The pollution from cranes in metal mines also causes a threat to the clean energy transition. Image: Aleksey Malinovski on Unsplash

Lukas Boer

Research Associate, DIW Berlin Graduate Center

Andrea Pescatori

Economist, IMF

Martin Stuermer

Economist, Commodities Unit of the IMF's Research Department

Nico Valckx

Economista Principal, Departamento de Mercados Monetarios y de Capital del FMI

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The high demand for metals to elevate clean energy transition is causing a huge price increase.
The high demand for metals to elevate clean energy transition is causing a huge price increase. Image: IEA, Schwerhoff and Stuermer (2020), US Bureau of Labor Statistics, US Geological Survey, IMF

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Related topics:

Energy TransitionClimate ChangeEconomic Progress

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