Boom-bust cycles in U.S. and Chinese wind installations, in two charts

The Washington Post’s recent article on the “The rise and fall of the U.S. wind industry, in one chart” showed the correlation between the federal wind production tax credit (PTC) and annual installations of wind. When the credit is allowed to expire, installations plummet. When it is renewed, a boom period ensues. This has resulted in an uneven, “saw-tooth” pattern of wind growth that among other things generates anxiety about the future of the market. How, might you ask, does this compare to China – where wind capacity doubled for four of the last six years? Here’s one chart:

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The Critical Matter of Critical Matter

Try for a moment to imagine how many different materials there are in the technologies that you use every day. Most cell phones, for example, contain materials like indium, gallium, silicon, tantalum, lithium and nedodymium, which probably didn’t make your list. Moreover, new and complex technologies necessitate the use of increasingly exotic materials; an “exotic” material being located in a zone of the periodic table at which you have probably never looked (neodymium is perhaps one of them!).

Figure 1: Periodic table where critical elements, as determined by recent studies [1, 2, 3], are highlighted. In particular, Rare Earth Elements are shown in green and Platinum Group Metals in yellow.

But why should we care about some elements that many of us didn’t even know existed? We should care because the supply of many of these so-called “critical materials” is constrained or difficult to predict, often due to scarcity, political instability in the countries where they are produced, or environmental concerns related to their extraction. Without action to resolve the issues affecting critical element supply, the technological progress we currently enjoy may be interrupted. Continue reading