The Road to Net-Zero 2050: Unleashing Cobalt’s Potential for the EU’s energy transition and competitiveness
4pm – 5.30pm CET 19 november 2024
Radisson RED, Brussels
Cobalt is critical for achieving the EU’s sustainable growth, energy transition and competitiveness. Key sectors – EV batteries, aerospace, defence and consumer electronics – will increase cobalt demand three-fold by 2050, driven by the global commitment to achieve the energy transition. Fully unlocking cobalt’s potential to help deliver a net-zero future urgently demands significant capital deployment and new production capacity, together with policies incentivizing demand, competitiveness, and recycling.
The net-zero transition will require three times more cobalt and over $1.7 billion of new investment, as well as effective government policies that incentivize demand, competitively grow supply, and prioritize recycling.
Our expert panel will include key policymakers and industry leaders who will discuss how cobalt and critical raw materials support the EU’s climate goals, its industrial strategy, and its long-term competitive edge. With the EU’s new priorities for 2024-2029 as a backdrop, the discussion will focus on how strategic use of critical metals can inform EU policy, drive the green transition and ensure that Europe maintains its industrial competitiveness.
The discussion will be based on the groundbreaking “Cobalt 2050” study – first for any energy transition metal – developed by BloombergNEF for Cobalt Institute. The study offers in-depth scenarios for cobalt demand through 2050, demonstrating its role in the decarbonization of the EU economy and the path to net-zero.
Agenda
15.30 | Registration open |
16.00 – 16.20 | “Cobalt 2050” study presentation
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16.20 – 17.10 | Panel discussion
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17.10 – 17.30 | Q&A with audience Event will be moderated by Jennifer Baker, EurActiv |
17.30 – 19.30 | Cocktail reception |
speakers
Dinah McLeod,
Director General,
Cobalt Institute
A dual Canadian and British national, Dinah holds a Bachelor’s degree from the Columbia University and a Master’s degree from the Princeton School of Public and International Affairs.
Ellie Gomes-Callus,
Metals and Mining Associate,
Bloomberg NEF
Ellie Gomes-Callus is a Metals and Mining Associate at Bloomberg NEF. Her research covers battery metal markets, global critical mineral policies and the pathways to decarbonization for the mining sector. Prior to her role at Bloomberg NEF, Ellie spent her time as a Research Scientist with RFC Power, an energy storage start-up, before joining the UK Government. At the Department of Business, Energy and Industrial Strategy, she worked in oil and gas policy and energy innovation funding. Ellie holds a BSc in Natural Sciences from the University of Nottingham and an MRes in Green Chemistry from Imperial College London.
Peter Handley,
Founder,
Phase32
Most recently, Peter was the head of unit and deputy director in DG GROW responsible for critical raw materials (CRMs) and energy-intensive industries. In that role, he led the work on the EU Critical Raw Materials Act and negotiated the EU’s strategic partnerships on CRMs. Before that, he worked in the Secretariat General as head of the policy coordination unit responsible for the Energy Union and Circular Economy. As an EU trade negotiator, he worked on WTO industrial market access (tariff and non-tariff barriers) and on steel trade issues.
Peter has a degree in French and politics from Bristol University and followed the Cycle International Long (CIL) at France’s Ecole Nationale d’Administration.