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The implications of the rise of clean energy on lithium market dynamics

A research report submitted to the Faculty of Engineering and the Built Environment, University of the Witwatersrand, in partial fulfillment of the requirements for the degree of Master of Science in Engineering, Johannesburg 2018 / This research aims to assess the factors surrounding the emergence of markets with the greatest potential for rechargeable lithium battery adoption. The implications of the rise of electric vehicles and electrical energy storage are measured against lithium supply and market pricing. This was resolved by reviewing all available information and comparing it with the intricacies of resources, production and recycling. An analysis of price formation is also undertaken before making assumptions to enable a forecast of future market dynamics until 2030. Electric vehicles will require almost threefold the lithium produced in 2015 by the end of the period considered, with grid storage predicted to follow suit. No geological supply constraints were found, but economic scarcity is a strong possibility. Production is highly vulnerable to disruption due to concentration and the situation is exacerbated by inelastic demand. Recycling may be the most critical means of diversifying and improving supplies. / XL2019

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:wits/oai:wiredspace.wits.ac.za:10539/26475
Date January 2018
CreatorsJackson, Martin Robert
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeThesis
FormatOnline resource (xii, 142 leaves), application/pdf, application/pdf

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