Global Energy-mineral Nexus by Systems Analysis Approaches. (May 2017) - Tokimatsu, Koji
Abstract: After the Great East Japan Earthquake, Japanese energy policy strategies have been directed towards seeking more diversified energy options, especially fuel switching to gas, rapid introduction of renewable energy, and pushing towards a hydrogen economy. While a secure supply of energy, or energy security, is typically argued within the context of energy resources, little consideration for energy policy is given to mineral resources used in various energy technologies. Many studies have addressed the specific mineral elements in technologies by borrowing energy scenarios from authorities (e.g., The International Energy Agency (IEA) energy technology perspectives (ETP)). Some have applied empirical estimation models such as logistic functions for their future demand projections. In this study, we used our own resource balance models incorporating resources of energy, non-fuel minerals, biomass and food, to illustrate future consumption paths for non-fuel minerals (including scarce metals) as well as our own energy and climate policy scenarios. Our approach is complementary, not a substitute, offering more insights to existing studies on energy-mineral nexus approaches.