2018
DOI: 10.1155/2018/3149412
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The Impact of Magnetic Materials in Renewable Energy‐Related Technologies in the 21st Century Industrial Revolution: The Case of South Africa

Abstract: Magnetic materials specifically permanent magnets are critical for the efficient performance of many renewable energy technologies. The increased reliance on renewable energy sources has accelerated research in energy-related technologies the world over. The use of rare-earth (RE) metals in permanent magnets continues to be a source of greater concern owing to the limited RE supply coupled with dwindling reserves on the globe. This review focuses on how this has impacted on the state-of-the-art magnetic materi… Show more

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Cited by 18 publications
(6 citation statements)
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References 27 publications
(72 reference statements)
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“…Materials’ demand as electric steel, iron, and cobalt will be exponential growth for 2026. Studies on the effect of magnetic materials in renewable energy have to be a priority to guarantee the supply chain, options for recycling, the footprint impact, the blueprint impact, and the socio-economical impact of their extraction [ 180 , 181 ].…”
Section: Discussionmentioning
confidence: 99%
“…Materials’ demand as electric steel, iron, and cobalt will be exponential growth for 2026. Studies on the effect of magnetic materials in renewable energy have to be a priority to guarantee the supply chain, options for recycling, the footprint impact, the blueprint impact, and the socio-economical impact of their extraction [ 180 , 181 ].…”
Section: Discussionmentioning
confidence: 99%
“…(2018). The Third Industrial Revolution was marked by the development of the power-generating industry (Matizamhuka, 2018).…”
Section: Literature Reviewmentioning
confidence: 99%
“…In 2019, the soft magnetic market was valued at USD 51.4 billion, with an assumed compound annual growth rate of 9.1% in the 2019-2024 period [1]. Nowadays, an increasing group of these soft magnetic materials are amorphous and nanocrystalline metal alloys, mainly based on iron, which are widely used as distribution and industrial transformers [2,3], high-efficiency photovoltaic inverters [4,5], stator cores [6] or elements of wind turbines [7,8]. For this kind of applications, materials should be characterized by magnetic properties such as low coercivity and core losses over a wide frequency range, high magnetization and permeability, but also low weight, wide operation temperature range, simple technological process and low manufacturing cost [9].…”
Section: Introductionmentioning
confidence: 99%