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In an attempt to reduce costs and cut emissions, manufacturers are increasingly turning to energy efficient technologies. Almost two-thirds of companies surveyed planned to increase investment in energy management during the next 12 months, in areas such as renewable and self-generation technologies. The aerospace industry leads the way, with more than two-thirds investing in energy efficient technologies, compared with 41 per cent in metals and aggregates.

while Electrical market applications decreased 6.7% in 2014.

Various industry publications from around the world point out that global demand for copper metal (produced from refined copper and recycled scrap) is projected to advanced 4.2 percent per year through 2019 to 36.0 million metric tons, valued at $261 Billion.

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.