Payne Institute Communications Associate Kristin Ziv and Director Morgan Bazilian write about the global demand for solar panels and as it soars, so does the demand for silver – a key component in the manufacturing of photovoltaic (PV) panels. Solar installations are breaking records worldwide in both volume and low price, according to BloombergNEF. February 14, 2024.
Payne Institute Communications Associate Greg Wischer writes about how critical minerals undergird great power competition and war. These nonfuel minerals and mineral materials are vital to countries’ defense industrial bases, enabling the production of military platforms like tanks as well as munitions and artillery shells. Therefore, mineral supplies can help sustain military power, while mineral shortages can severely undermine it. February 12, 2024.
Payne Institute Communications Associate Greg Wischer and Director Morgan Bazilian write about how the National Defense Stockpile is a tool to both reduce America’s reliance on foreign materials, especially materials from China, and to prepare for a possible conflict. Material shortfalls can impact—and have impacted—U.S. warfighting ability. Better understanding the military’s projected shortfall quantities for individual materials would inform what materials—and corresponding applications—the U.S. military will most likely have shortfalls of during a conflict. February 12, 2024.
Payne Institute Faculty Fellow Ian Lange is interviewed on Marketplace talking about how the prices of the metal have fallen about 80% in the past year, and two U.S. lithium companies have cut jobs and pulled back their capital spending recently. The latest is a company called Piedmont Lithium, which announced cuts Tuesday. February 6, 2024.
Payne Institute Native American Mining and Energy Sovereignty (NAMES) Initiative Program Manager Rick Tallman contributes to this article about how as more companies look to build wind and solar farms or mine minerals for renewable energy, failing to recognize Indigenous sovereignty could make the clean energy transition a lot more expensive and much farther away. February 2, 2024.
Payne Institute Faculty Fellow Ian Lange contributed to this article about how President Joe Biden’s electric vehicle agenda could be in for a roller coaster ride, but this time it can’t be blamed on thorny politics, range anxiety or the effect of falling temperatures on chargers. Instead the focus now is on the price of lithium. The price of the key EV battery ingredient plummeted in recent months, not because of any policy action but due to the simple laws of supply and demand. January 31, 2024.
Payne Institute Faculty Fellow Jim Crompton, Paulina Lanz, and Justine Huang are on this podcast (part B) discussing what the real costs of going green are, and who is going to pay the bill? In Part B of the episode, Jim chats with a panel of Payne Institute student researchers from Ghana at the Colorado School of Mines – Eben Manful-Sam, John Ayaburi, Rueben Anafo and Felix Ayaburi– who help us better understand the challenges of sustainable development from a sub-Saharan Africa perspective. January 23, 2024.
Payne Institute Director Morgan Bazilian contributed to this report by the World Economic Forum that provides a framework and 10 critical questions, aiming to build trust, encourage collaboration and guide policy-makers and business leaders in the energy sector towards advancing a just, equitable and inclusive energy transition. January 17, 2024.
Payne Institute Faculty Fellow Ian Lange contributes to this article about the push for more nuclear energy and Russia’s invasion of Ukraine. How it has spiked uranium prices, leading mines for the element to begin operating again in the U.S. despite long-term environmental and health impacts. January 15, 2024.
Umut Mete Saka, Payne Institute Faculty Fellow Sebnem Düzgün, and Director Morgan Bazilian write about how utilizing machine learning to help the integration of supply chains worldwide and the establishment of resilient material flows emphasize the significance of transparency on mineral supplies. As regulations and policies around mineral supply become more stringent, organizations are actively seeking effective tools to assess the transparency of their supply chains. January 13, 2024.