MinFuture project aims to develop a common methodological framework for monitoring the physical economy and to deliver clarity on the different components of MFA needed for monitoring the physical economy.
Wind energy technology is essential for Europe’s transition towards a clean, secure and competitive economy. Wind energy technology requires several critical materials and the supply risk and recycling possibility may represent barriers to Europe’s widespread deployment of wind energy technology.
Interoperable data and a harmonized common methodology are needed to understand the flows and uses of selected critical materials used in wind energy technology through all relevant stages (from mining to processing to use to waste management). However, data gaps within these stages are not explicitly identified and a demand-supply forecasting approach suitable for selected critical materials used in wind energy technology has not been tested out yet.
Please note: The following text is taken from the existing MinFuture reports "Report on pilot studies" and "A systems approach for the monitoring of the physical economy". Please click on the afore-mentioned links to access and read the full publications.
- A refined system will be designed to identify and address the data gaps and inconsistencies of selected critical materials in wind energy technology within all relevant stages.
- A bottom-up and stock-driven approach will be developed to generate projections/scenarios on future flows and uses of selected critical materials used in wind energy technology.
Drawing implications from case studies on selected critical materials used in wind energy technology can bring together stakeholders relevant to wind energy technology, promote the use of the MinFuture framework, and benefit industries, governments, and scientific communities.
The intention of this conference "Monitoring the physical economy requires putting raw material data in a system context" was to present, reflect on and refine key recommendations from the MinFuture project on a monitoring system for the physical economy.
The presentations held and recommendations made will soon be available via this website.
This report aims to address existing challenges by developing a methodological framework for the monitoring of the physical economy that facilitates the users in reflecting more systematically about the problems mentioned above and in developing more effective strategies for addressing them. The framework proposed is based on Material Flow Analysis (MFA), a tool widely used for tracking materials and energy in the economy.
Six material-specific workshop were organised under the umbrella of MinFuture project, aiming to identify gaps that hamper a robust mapping of raw material cycles. In each material-specific workshop, stakeholders from academia, industry, and government were brought together to discuss and comment on the current status of each material cycle.
On 11-12 December 2018, the MIN-GUIDE project team invites you to reflect upon the mining sector’s role for a circular economy at its 3rd Annual Conference. The conference will host about 200 participants from all over Europe and will provide an excellent opportunity to learn, explore, exchange, and network.
The purpose of this workshop was to further develop the roadmap for monitoring the physical economy. During the spring of 2018, the MinFuture project has held several commodity specific workshops to test the developed framework and to identify commodity specific trends, opportunities and challenges that can inform the MinFuture roadmap. Workshops has been held on aluminium, cobalt, neodymium, platinum, phosphorus and construction aggregates, and stakeholders from different parts of the supply chain has contributed to it.
MinFuture is a collaborative project funded by the Horizon 2020 framework, aiming to identify, integrate, and develop expertise for global material flow analysis and scenario modelling.
This workshop is part of an EU Horizon 2020 project MinFuture (Global material flows and demand-supply forecasting for mineral strategies...
This workshop is part of an EU Horizon 2020 project MinFuture (Global material flows and demand-supply forecasting for mineral strategies; see details in the flyer attached or the project website: http://minfuture.eu/).
The MinFuture workshop synthesis brief describes the main insights from discussions on:
- How can we add more relevance and credibility to data published on raw materials? What context is missing that might enhance their status? How could we present data using a systemic MFA? perspective
- How do raw material data reporting schemes (information flows) currently operate at national, regional and global level?
- What raw material indicators are often used to identify issues with raw material supply/ demand? What are their strengths and weaknesses and how do they relate to material flow analysis?