{"id":1427,"date":"2016-12-16T09:58:45","date_gmt":"2016-12-15T23:58:45","guid":{"rendered":"http:\/\/www.australian-gold.com\/blog\/?p=1427"},"modified":"2016-12-16T10:01:07","modified_gmt":"2016-12-16T00:01:07","slug":"six-hundred-million-ounces-of-silver-to-be-consumed-in-photovoltaics-and-ethylene-oxide-production-through-2020","status":"publish","type":"post","link":"https:\/\/www.australian-gold.com\/blog\/six-hundred-million-ounces-of-silver-to-be-consumed-in-photovoltaics-and-ethylene-oxide-production-through-2020\/","title":{"rendered":"Six Hundred Million Ounces of Silver to be Consumed in Photovoltaics and Ethylene Oxide Production Through 2020"},"content":{"rendered":"<p><a href=\"http:\/\/www.silverinstitute.org\/site\/wp-content\/uploads\/2016\/12\/EOSilverDemandReportDec2016.pdf\">http:\/\/www.silverinstitute.org\/site\/wp-content\/uploads\/2016\/12\/EOSilverDemandReportDec2016.pdf <\/a><\/p>\n<p><strong>In 2015, of the 1,170 million ounces (Moz) of physical silver consumed, 589Moz were used for<br \/>\nindustrial fabrication, equivalent to 50% of total physical demand.<\/strong> Two of the most everyday<br \/>\nindustrial uses for silver are as a catalyst for the production of ethylene oxide and in<br \/>\nphotovoltaic (PV) cells (more commonly known as solar panels). Ethylene oxide (EO) is a vital<br \/>\nraw material for the production of ethylene glycol, which in turn is used in the production of<br \/>\nantifreeze coolants and polyethylene terephthalate (PET); a resin of the polyester family used in<br \/>\nfibres for clothing as well as plastic bottles and food containers. These two expanding industries<br \/>\nwill drive increases in EO capacity and, correspondingly, demand for silver.<br \/>\nOn the other hand, the number of solar panel installations is forecasted to rise steadily in the<br \/>\ncoming years. A combination of carbon emissions legislation, government policies and a<br \/>\ndecrease in the cost per gigawatt (GW) of electricity generated using PV will increase the<br \/>\nnumber of solar panel and therefore silver demand.<\/p>\n<p><a href=\"http:\/\/www.silverinstitute.org\/site\/wp-content\/uploads\/2016\/12\/EOSilverDemandReportDec2016.pdf\">This paper will therefore look into silver demand from the EO and the PV industry separately,and give forecasts on respective silver demand from 2016 to 2020.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>http:\/\/www.silverinstitute.org\/site\/wp-content\/uploads\/2016\/12\/EOSilverDemandReportDec2016.pdf In 2015, of the 1,170 million ounces (Moz) of physical silver consumed, 589Moz were used for industrial fabrication, equivalent to 50% of total physical demand. Two of the most everyday industrial uses for silver are as a catalyst for the production of ethylene oxide and in photovoltaic (PV) cells (more commonly known as solar [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1427","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"_links":{"self":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/1427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/comments?post=1427"}],"version-history":[{"count":2,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/1427\/revisions"}],"predecessor-version":[{"id":1429,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/1427\/revisions\/1429"}],"wp:attachment":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/media?parent=1427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/categories?post=1427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/tags?post=1427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}