Equity investors have already committed more than US$300 million to lithium battery recycler Li-Cycle’s plan to go publicly-listed through a special purpose acquisition company (SPAC) merger.
The European Union (EU) looks set to introduce the “most extensive product legislation in the world for batteries,” but its potential shortcomings include the risk that battery prices could go up and that established manufacturers from Asia might be better positioned to benefit from the rules than the new European value chain.
Lithium battery technology is rapidly enabling the electrification of transport, and of the energy sector. However, batteries themselves can often be seen as a short-lived commodity and as yet, recycling and reuse have not become major priorities in the industry. Dr Amrit Chandan, CEO of UK-headquartered Aceleron Energy discusses what it means to build a circular economy around advanced lithium-ion batteries, designed with longer lifetimes and their repurposing for second-life use in mind.
Lithium battery recycling company Li-Cycle now has capacity to recycle 10,000 tonnes a year of spent lithium-ion batteries, having just opened its Rochester, New York facility for commercial operations.
US developer GlidePath Power Solutions has signed up to use a full life-cycle management platform for the batteries it uses, including recycling and repurposing as it seeks to “resolve the recycling and re-use case upfront, not down the track”.
Guidelines for lithium-ion battery storage system decommissioning and recycling have been launched in the US by the national Energy Storage Association, while associations in European Union territories as well as the US have come together to launch an online information portal on the safe transportation.
The huge upsurge in lithium-ion battery deployment expected over the next two decades poses a particular problem: what to do with cells that have reached the end of their useful life. Stefan Hogg investigates how lithium recycling will come into its own to handle spent batteries
A veteran of Kenya’s renewable energy industry has argued strongly in favour of lead acid batteries over lithium-ion, in response to a recent Energy-Storage.news article on off-grid solar PV in Africa.
The huge increase in demand for safe and reliable batteries to store energy from renewable sources such as solar and wind heralds a new lease of life for advanced lead batteries, argues Dr Andy Bush of the International Lead Association.