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by sajithdilshan
35 days ago
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Renewable energy is unreliable without a steady storage capacity and EU would still rely on raw materials for battery production on other countries. Further, regardless of the energy source, what is vital for AI or any other industry is a steady, reliable power source which cannot be provided only through renewables in EU, not only because lack of storage, but also unfavourable geography. |
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We have one of the largest deposits of rare earth minerals in the world in the EU. Where we suffer is in lack of refining capacity. The US are in a similar situation.