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ACCELERATING THE DECARBONISATION OF THE ALUMINIUM INDUSTRY

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ACCELERATING THE DECARBONISATION OF  THE ALUMINIUM INDUSTRY The year 2024 marks a significant milestone for the Aluminium Sector , particularly in light of the commitments made at COP28 . As the global community pledges to reduce greenhouse gas emissions and combat climate change, the Aluminium Industry is poised to play a pivotal role in these efforts. Decarbonizing the Aluminium Industry , however, is no small feat. It necessitates technological innovations and strategic investments across the entire value chain, from bauxite mining to aluminium production and recycling. Simultaneously, the industry must remain economically viable and competitive on a global scale . To achieve these objectives promptly, we need to harness both technological advancements and strategic decision-making. This includes determining the optimal approach and location for projects aimed at increasing production capacities, all while aligning with the proposed decarbonisation goals. Several technolo...

RENEWABLE ENERGY POTENTIAL IN VENEZUELA

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RENEWABLE ENERGY POTENTIAL IN VENEZUELA Venezuela , a Latin American nation, stands poised to unlock its substantial potential for generating clean energy from renewable sources. In this article, we will briefly explore the primary forms of renewable energy that Venezuela can harness to diminish reliance on fossil fuels, aligning with global objectives to decarbonize the energy system. HYDROELECTRICITY Venezuela has a notable hydroelectric generation capacity, especially in the Guayana region , where the Caroni Rive r provides a consistent and abundant water flow that is not affected by the El Niño climate phenomenon. Several dams have been built along the river, and there is still room for constructing new power plants. WIND ENERGY Venezuela also boasts significant wind energy potential, particularly in the north-western states of Zulia and Falcón, where wind speeds of eight to nine metres per second are common place. Other areas of the country, such as the east, north-central, sou...

VENEZUELA AND GREEN ALUMINUM PRODUCTION

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VENEZUELA AND GREEN ALUMINUM PRODUCTION IS THE WORLD MOSTLY PRODUCING GREEN ALUMINUM? In the world there is strong pressure for industrial processes and their products to meet two conditions: 1) caring for the environment; 2) contribution to the circular economy. Aluminum being an infinitely recyclable material, it fully complies with the concepts of the circular economy. As for caring for the environment, being the production of aluminum an electro-intensive process, it is ideal to use electrical energy generated from renewable sources. When we review the energy sources used for the production of aluminum in 2019, we find that the combustion of coal contributed in the order of 60% of the electrical energy to produce the aluminum used worldwide.  In fact, hydroelectric energy only contributed with approximately 25% of the total aluminum produced during 2019.  When we consider all the sources, renewable and non-renewable, used to generate the electricity used by aluminum sm...

NORWAY AND ITS ALUMINIUM INDUSTRY - INVESTMENT IN VENEZUELA ???

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NORWAY AND ITS ALUMINIUM INDUSTRY  INVESTMENT IN VENEZUELA ??? Norway is a country that is considered one of the most notable world references in terms of the quality of life enjoyed by its inhabitants. In fact, the Gross Domestic Product (GDP) per capita, which is a very good indicator of the standard of living, in 2016 was of the order of 72,000 USD, ranking it number 6 in the ranking of 196 countries in the ranking of GDP per capita.   These GDP values lead to the average salary of its inhabitants being among the highest in the world, with the average salary in the order of USD 69,000 per year. As for the Human Development Index or HDI, which is prepared by the United Nations to measure the progress of a country and which ultimately shows us the standard of living of its inhabitants, it indicates that the Norwegians are the ones with the best quality of life in the world. ¿But how this is achieved notwithstanding that an important feature of the Norwegian economy is that th...