Renewable Energy Commodities

The transition runs on physical inputs. Scaling solar, wind, and storage requires a secure, diversified supply of components and the critical minerals behind them, making the renewable supply chain itself a source of opportunity and risk.

Supply chain expansion

Rapid growth. In production of panels, turbines, batteries, and components.
Critical minerals. Reliable access to lithium, cobalt, and rare earths is essential; securing supply is a central challenge.
Geographic concentration. Manufacturing concentrated in certain regions creates supply-chain vulnerability.
Diversification. Efforts underway to broaden manufacturing across regions.

LFP batteries reshape demand

Lithium-iron-phosphate batteries are taking share in the EV market, reducing reliance on nickel and manganese.

LFP share. LFP is positioned to exceed 50% of the global passenger EV market within a short horizon.
Nickel and manganese. Demand has been revised down materially versus prior estimates as chemistries shift to lower-cost options.

Pricing and market leadership

Intense competition, particularly among China-based manufacturers, continues to pressure battery pricing and reshape global competition. Leading manufacturers hold commanding global share and are expanding capacity internationally.

>50%

LFP share of global passenger EV market, near-term horizon

Down materially

Nickel and manganese demand vs prior estimates

Concentrated

Global manufacturing footprint by region

Source: Industry research; Avalon analysis

Avalon examines the full supply chain to position capital where bottlenecks and shifts in demand create durable value.

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