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President Biden’s Investing in America Agenda Invests in Initiatives That Will Cut back Prices for Client Battery Recycling, Making EVs Extra Reasonably priced and Boosting Our Home Provide Chains
WASHINGTON, D.C. — As a part of President Biden’s Investing in America agenda, the U.S. Division of Power (DOE) as we speak introduced $62 million for 17 initiatives funded by the Bipartisan Infrastructure Regulation to extend client participation in client electronics battery recycling and enhance the economics of battery recycling. Beneath the Biden–Harris Administration, electrical car (EV) gross sales have quadrupled, reaching file excessive ranges of greater than 1.4 million gross sales final yr. With demand for electrical automobiles (EVs) and stationary power storage projected to increase the lithium battery market as a lot as ten-fold by 2030, investments in sustainable, reduced-cost recycling of client batteries are important to securing the home supplies provide chain to fulfill that demand. Recycling used batteries reduces demand for brand spanking new supplies and permits our home business to supply at decrease prices, supporting the Biden-Harris Administration’s objectives of making a extra sustainable battery provide chain and having EVs make up half of all automobiles gross sales in America by 2030.
“Capturing the total battery provide chain—from sourcing important supplies to manufacturing to recycling—places the U.S. within the driver’s seat as we construct our clear power economic system,” stated U.S. Secretary of Power Jennifer M. Granholm. “With the historic assist in President Biden’s Investing in America agenda, we’re making a sustainable, round provide chain that lowers prices for customers and boosts our manufacturing world aggressive edge.”
The 17 initiatives chosen for DOE’s Client Electronics Battery Recycling, Reprocessing, and Battery Assortment funding alternative are an important a part of the $7 billion in whole licensed by the Bipartisan Infrastructure Regulation to develop and safe America’s battery provide chain. Right this moment’s announcement consists of:
Increasing Participation in Client Electronics Recycling: Growing assortment of end-of-life client electronics and stand-alone batteries for recycling is a key factor in growing a sustainable home supply of battery-grade supplies. 4 initiatives had been chosen to do that via pupil training and outreach, together with e-waste assortment occasions, representing $14.4 million in funding.
Bettering the Economics of Recycling Client Electronics Batteries: Producing larger market demand for recycling client electronics batteries via modern, cost-saving approaches to pre-processing and sorting. Seven initiatives had been chosen to do that via approaches together with synthetic intelligence and automatic sorting, representing $40.1 million in funding.
Establishing Packages to Gather Client Electronics Batteries: Implementing initiatives that can help States and native governments within the initiation or enhancement of battery assortment, recycling, and reprocessing. Six initiatives had been chosen to do that via approaches together with battery assortment drop-off applications and deploying battery storage and sorting amenities, representing $7.2 million in funding.
Initiatives chosen for this funding should advance variety, fairness, inclusion, and accessibility; contribute to power fairness; and put money into America’s workforce. This funding – which can be administered by DOE’s Car Applied sciences Workplace (VTO) and Workplace of Manufacturing and Power Provide Chains (MESC) – helps objectives and targets detailed within the Federal Consortium for Superior Batteries’ (FCAB) Nationwide Blueprint for Lithium Batteries.
Persevering with to Construct Up a Home Battery Provide Chain
The funding introduced as we speak builds on beforehand introduced investments from President Biden’s Bipartisan Infrastructure Regulation to strengthen the home battery provide chain by supporting upstream supplies processing to create the precursor supplies for batteries together with the greater than $74 million introduced up to now to advance EV battery recycling and second-life purposes.
DOE is constant to put money into recycling in assist of a safe, home provide chain for important supplies. MESC just lately introduced as much as $16 million to spice up assortment on used (spent) client batteries at retailers. DOE is searching for initiatives led by retailers to create or increase to gather, type, retailer, and transport client electronics batteries and battery-containing gadgets. Purposes are due on April 9, 2024, at 5 p.m. ET. DOE additionally just lately introduced a brand new prize specializing in rising the manufacturing and use of important supplies recovered from digital scrap. The Electronics Scrap Recycling Development Prize (E-SCRAP) is a three-phase competitors that can award as much as $4 million to opponents. Discover out extra data about this prize alternative.
Be taught extra concerning the initiatives chosen for award negotiation right here, and study extra about VTO and MESC.
Choice for award negotiations will not be a dedication by DOE to difficulty an award or present funding. Earlier than funding is issued, DOE and the candidates will bear a negotiation course of, and DOE might cancel award negotiations and rescind the choice for any purpose throughout that point.
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