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INDUSTRY NEWS

lithium ion battery recycling
25
Jun

How Recycling Can Help Reduce Battery Costs And Foreign Dependence

The U.S. Department of Energy (DOE) earlier this year launched a program that aims to reclaim and recycle critical materials from lithium-based battery technology.

 

Sen. Joe Manchin, D-W. Va., voiced concerns that the current trade war between the United States and China, as well as general instability of the bilateral relationship between both nations could affect the supply of minerals such as lithium or cobalt commonly used in battery storage products.

lithium ion battery recycling

Image source: Recycling of Lithium Ion Batteries

The growing importance of battery storage as a component of the U.S. electric grid has raised concerns among industry stakeholders and lawmakers about America’s dependence on foreign suppliers for both battery components and completed systems. Asian countries, particularly China, are the leading producers of lithium-ion batteries, the most common battery technology used today.

Even though the United States possesses critical minerals, the growth of battery storage as well as electric vehicles will require many more sources than the ones domestically available, Crabtree said. And other challenges lie ahead for U.S. storage companies.

“We don’t recycle our lithium-ion batteries at the moment, less than 5% are recycled. … This is a way to get the cost down considerably.”

But there’s no technology for recycling lithium-ion batteries in a cost-effective way, he noted.

In January, Energy Secretary Rick Perry announced the launch of a Lithium-Ion Battery Recycling Prize and the establishment of an associated Battery Recycling R&D Center in an effort to solve this problem.

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