Wind energy mineral demand share forecast 2050

Wind energy installations require the use of specific metals and minerals for its operation. Projections for 2050 indicate that iron will be the most in-demand metal in the global wind energy industry, at an anticipated 84.6 percent of the minerals demanded by the industry at that time. In this context, iron is mainly used for turbines, generation cores, mainframes, and rotor hubs.

Forecast distribution of mineral demand for wind energy worldwide in 2050 by type

Characteristic	Share of demand
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Release date

May 2020

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Region

Worldwide

Survey time period

as of 2020

Supplementary notes

* Includes the iron used directly in turbines, generation cores, mainframes, and rotor hubs. Excludes iron demand for steel components.
** Including aluminum, chromium, lead, molybdenum, manganese, neodymium, and nickel.
Projection under the two degrees scenario.
Dysprosium is not included in this analysis, which is used in permanent magnet direct-drive turbines.

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