Full Title: Fact Sheet: Lithium Supply in the Energy Transition
Author(s): Kevin Brunelli, Lilly Yejin Lee, and Tom Moerenhout
Publisher(s): Center on Global Energy Policy at Columbia University SIPA
Publication Date: December 20, 2023
Full Text: Download Resource
Description (excerpt):
An increased supply of lithium will be needed to meet future expected demand growth for lithium-ion batteries for transportation and energy storage. Lithium demand has tripled since 2017 and is set to grow tenfold by 2050 under the International Energy Agency’s (IEA) Net Zero Emissions by 2050 Scenario. Leading experts estimate a supply deficit by the 2030s, creating pressure to increase lithium production and processing.