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Tag: Construction

Change is already here

One of the things that produced a lot of worried news headlines over the past couple of years is whether the energy transition is likely to lead to a shortage of sulphur as we switch away from fossil fuels on a large scale. As we’ve discussed in this magazine, those fears are overblown, certainly in the medium term future. Peter Harrison of CRU tackled the issue in his sulphur markets presentation at the recent Sulphur and Sulphuric Acid conference in New Orleans, and while he did admit to some reduction in sulphur supply from oil in the 2030s and increasing into the 2040s, increased sulphur recovered from sour gas is likely to more than make up for that at least until the 2040s. But one of the things that did strike me about his presentation is the extent to which the energy transition is indeed already changing the way that the sulphur market works, and will increasingly do so over the next few years.