Biden-Harris Administration Pronounces $3.5 Billion to Strengthen Home Battery Manufacturing
At this time, two years after President Biden signed the Bipartisan Infrastructure Legislation, the U.S. Division of Power (DOE) introduced as much as $3.5 billion from the Infrastructure Legislation to spice up home manufacturing of superior batteries and battery supplies nationwide. As a part of President Biden’s Investing in America agenda, the funding will create new, retrofitted, and expanded home amenities for battery-grade processed vital minerals, battery precursor supplies, battery parts, and cell and pack manufacturing, all of that are vital to supporting clear power industries of the longer term, reminiscent of renewable power and electrical automobiles. This funding, which features a give attention to retaining and creating good-paying union jobs within the manufacturing workforce, is run by DOE’s Workplace of Manufacturing and Power Provide Chains (MESC). It helps the Biden-Harris Administration’s efforts to achieve a net-zero emissions economic system by 2050, for electrical automobiles to make up half of all new light-duty automobile gross sales by 2030, and to construct a home provide chain.
“Positioning america entrance and heart to fulfill the rising demand for superior batteries is how we enhance our international competitiveness, keep and create good-paying jobs, and strengthen our clear power economic system” mentioned U.S. Secretary of Power Jennifer M. Granholm. “President Biden’s historic investments are giving the enhance wanted to construct a strong home battery provide chain that’s Made-in-America.”
Batteries are a vital a part of the transition to a clear power economic system. This transition is reducing power prices to American households and companies and lowering dangerous greenhouse gasoline emissions. Batteries are additionally vital to nationwide competitiveness–for grid storage, for the resilience of properties and companies, and for electrification of the transportation sector. With the demand for electrical automobiles (EVs) and stationary storage alone projected to extend the dimensions of the lithium battery market by five- to ten-fold by the top of the last decade, it’s important that america invests within the capability to speed up the event of a resilient provide chain for high-capacity batteries, together with non-lithium batteries.
This funding alternative is the second section of $6 billion in complete offered by the Bipartisan Infrastructure Legislation. Within the first section, DOE awarded fifteen tasks which are catalyzing over $5.8 billion in public/non-public funding. This second section will enhance home battery manufacturing and provide chains to successfully help the clear power transition together with by:
Making certain that america has a aggressive battery supplies processing business to provide the North American battery provide chain.
Increasing the capabilities of america in superior battery manufacturing.
Enhancing nationwide safety by lowering the reliance of america on vital minerals, battery supplies, parts, and applied sciences from overseas entities of concern.
Advancing the home processing capability of minerals needed for battery supplies and superior batteries.
Help the aim that 40% of the general advantages of sure federal investments move to underserved and overburdened communities (in accordance with the Justice40 Initiative).
Present workforce alternatives to low- and moderate-income communities.
This second section prioritizes delivering robust advantages for American employees. The funding alternative will promote collective bargaining agreements and/or tasks that create a high-quality, high-wage hourly manufacturing workforce by way of the group advantages plans.
On this funding alternative, DOE is prioritizing next-generation applied sciences and battery chemistries, along with lithium-based applied sciences. Different new focus areas embody precursor manufacturing and manufacturing for specialised, non-light obligation markets. DOE can be calling for tasks that can enhance separation of battery-grade vital supplies, develop manufacturing amenities for cathode and anode supplies manufacturing, and develop battery part manufacturing amenities (i.e., tasks that can appeal to additional funding into matter areas solicited in this system’s first section).
The subject areas of focus for future iterations of this program will likely be up to date roughly each six months to account for market and know-how evolution, and funding alternatives will likely be made in consecutive rounds.
Idea papers, that are required, are due January 9, 2024. Full purposes are due March 19, 2024.
MESC is accountable for strengthening and securing manufacturing and power provide chains wanted to modernize the nation’s power infrastructure and help a clear and equitable power transition.
Article courtesy of Power.gov
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