Research Articles

Managing the sustainability of Li-ion batteries at end-of-life (EOL) will continue to become increasingly important as the demand for Li-ion batteries continues to grow in sectors such as electric vehicles, stationary energy storage, and consumer electronics.

Li-ion batteries are widely used in various markets, such as in consumer electronics, electric vehicles (EVs) and stationary energy storage. However, as demand for Li-ion batteries continues to increase, the need to manage their sustainability through their entire lifecycle, including at end-of-life (EOL), is also becoming increasingly important.

Li-ion batteries dominate the electric vehicles (EV), consumer electronics and stationary energy storage markets. However, the sustainability of these batteries through their entire lifecycle must be managed, including at End-of-Life (EOL). IDTechEx's new report, "Li-ion Battery Recycling Market 2023-2043", finds that an estimated 23.8 million tonnes of lithium-ion batteries will be recycled in 2043.

Battery performance testing forms an important part of the second-life EV battery market. Remanufacturers will aim to use the best-performing EV batteries in their final second-life systems, such as stationary storage systems or lower-power electromobility applications.

The Li-ion EV battery circular economy comprises multiple important steps, requiring decisions from key stakeholders at any one part. Second-life EV batteries can be useful after their first life in an EV.

Conrad Nicols discusses the latest developments in Second Life Electric Vehicle Batteries. Visit www.IDTechEx.com/SecondLife for more information.

The second-life EV battery market is one of great importance for many reasons. These include adding value to future energy infrastructure, creating a circular economy for electric vehicle (EV) batteries, and providing a lower levelized cost of storage compared to new batteries.

Australia is at the forefront of great battery energy storage system (BESS) development, with front-of-the-meter (FTM) installations expected to continue growing rapidly in the coming decade while supplemented by steady behind-the-meter (BTM) installations.

Battery demand for stationary energy storage is set to grow in line with an increasing number of renewable energy resources being added to electricity grids globally, alongside pressure from governments and states to reach targets pertaining to renewable energy generation and energy storage.