Anuario Brasileiro do Cobre | Brazilian Copper Yearbook 2020

Anuário Brasileiro do Cobre Brazilian Copper Yearbook 2020 53 2. Global Electrification According to the World Energy Outlook, increasing electrification in fossil-fueled sectors such as vehicles and heating and cooling systems is another trend. Conventional sources have been replaced by low carbon energy. There are already more than US$ 300 billion in investments in clean energy. However, according to Bloomberg New Energy Finance, economic and political problems may condition these investments, but the cycle of evolution in this area will not be interrupted. The leading country in the energy revolution remains China, which has steadily increased its production and consumption capacity. There happens 36% of all the world growth in renewable energy - the Chinese five- year plan prioritizes the growth of the sector. Thus, the country will remain in the lead in electrification. With the technology that already exists, heat pumps, for example, can achieve an efficiency of well over 100 percent. By mid-century, 170 million heat pumps will provide space heating and cooling in homes, according to a report from the U.S. National Renewable Energy Laboratory. For this to happen, utility programs must focus on accelerating the installation of this equipment. The developing countries are important markets to the copper industry, because they will represent one billion new electricity consumers by 2030. With proper investments in activities for these countries, sustainability could become a solution. 3. Supply Chain Sustainability Consumers have increasingly cared about sustainability. Large companies in the CAC 40, FTSE100, Dow Jones, and other exchanges report on this. By providing certificates, electronics companies, automobiles, and major retailers aim to achieve sustainability throughout their supply chain, from supplies to in-house production. An example isWalmart. In 2005, it promised to reduce its fuel consumption by 2015. In this direction, in 2007, it signed a contract with suppliers to sell smaller and more efficient products. This integration of the supply chain with sustainability value is one of the highlights. Global mining company TeckResources, which uses sustainable mining processes in Pica, northern Chile, was nominated for the Dow Jones Sustainability World Index for the ninth consecutive year. The Quebrada Blanca project had a partnership, in its first phase, between Teck and one of the main Chilean electricity producers, AES Gener AS. The proposal was to create a plant with multiple energy sources: solar, wind, hydraulic and biomass, with a total load of 55 gigawatt hours (GWh) per year and with the purpose of reaching 100 megawatts (MW) by 2030. Already in the second phase, Teck states that solar energy will be indispensable to achieving sustainability goals in its supply chain. Conclusion The copper industry will play an important role in the coming years in the introduction of new technologies such as clean energy and global electrification. Because of its properties such as high conductivity, copper is essential for electrification efficiency and sustainable energy development. Social responsibility is critical for businesses and consumers, who live with copper at various times in their daily lives, such as when using an iPhone. The association between social responsibility and sustainability in the supply chain puts the copper sector at the forefront of the industry.