The forthcoming introduction of the European Union (EU) Battery Passport could result in a 2-10% reduction in procurement costs, according to the consortium tasked with its implementation.
The European Union’s new Batteries Regulation will be a driver of change in how the energy storage system industry thinks about procurement and managing batteries at the end of life.
The European Union’s Battery Passport, which will make all of the components of devices placed into the market traceable, will be a useful tool for investors in energy storage, Energy-Storage.news has heard.