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One of the ways technology can contribute most to decarbonisation “is through the power of data,” the Commission says in a section dedicated to sustainability. Potential areas of application are multiple and include digital transport solutions, decentralised energy systems, and smart climate-neutral communities.

The mining industry faces an interesting paradox. It is the lynchpin of the transition to a low-carbon economy, providing the materials that go into new grids and electric vehicles, yet miners’ extraction processes gorge on large amounts of power. Miners account for 6% of the world’s energy demand, and meet most of it with fossil fuels.

Miners, which account for 22% of global industrial emissions, are facing more pressure to decarbonize than ever before – from investors, customers in the technology and auto industries, and even consumers further downstream.

A group of scientists at Massachusetts Institute of Technology (MIT) has developed a battery powered by sulfur, air, water and salt – all readily available materials

Electric Dreams: The battery revolution and commodity markets As leading carmakers move to electrify their fleet and companies like Alphabet and Uber work on self-driving cars, the commodity industry is being forced to grapple with some difficult questions. EV’s have the potential to reduce oil demand considerably, but how fast and how soon remains a subject of fierce debate. Equally, utility scale battery technology could have a devastating impact on the coal industry if it is able to provide storage for renewable energy. In contrast, EV’s could be a boon to the metals industry and materials like copper, lithium and cobalt that are the key elements of the modern battery. Executives from mining, energy and commodity trading will discuss these topics and others.