Copper Price15 Sep 2021 19:53
I reckon the price of copper will just blow at some point. Renewable energy has all of a sudden just exploded. It’s because you can clearly see environmental changes and climate change is here. Also gas prices have gone crazy. Dutch TTF was about 10 Euros per MWh 6-12 m ago it is now 72 Euros. The demand for air source heat pumps, PV Panels, EV charging etc etc is really starting to boom. New substations, cabling etc all need upgrading. UK Councils are already swapping gas boilers for ASHP. IMO copper price is not a risk to be concerned about.