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President Biden’s Investing in America Agenda Invests in Initiatives That Will Scale back Prices for Shopper Battery Recycling, Making EVs Extra Inexpensive 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) right this moment introduced $62 million for 17 tasks funded by the Bipartisan Infrastructure Regulation to extend client participation in client electronics battery recycling and enhance the economics of battery recycling. Underneath the Biden–Harris Administration, electrical automobile (EV) gross sales have quadrupled, reaching document excessive ranges of greater than 1.4 million gross sales final yr. With demand for electrical automobiles (EVs) and stationary power storage projected to broaden 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 satisfy that demand. Recycling used batteries reduces demand for brand spanking new supplies and permits our home trade to provide at decrease prices, supporting the Biden-Harris Administration’s targets 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 complete 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,” mentioned 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 shoppers and boosts our manufacturing international aggressive edge.”
The 17 tasks chosen for DOE’s Shopper Electronics Battery Recycling, Reprocessing, and Battery Assortment funding alternative are a necessary a part of the $7 billion in whole licensed by the Bipartisan Infrastructure Regulation to develop and safe America’s battery provide chain. Right now’s announcement consists of:
Increasing Participation in Shopper 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 tasks had been chosen to do that by way of pupil schooling and outreach, together with e-waste assortment occasions, representing $14.4 million in funding.
Bettering the Economics of Recycling Shopper Electronics Batteries: Producing larger market demand for recycling client electronics batteries by way of revolutionary, cost-saving approaches to pre-processing and sorting. Seven tasks had been chosen to do that by way of approaches together with synthetic intelligence and automatic sorting, representing $40.1 million in funding.
Establishing Packages to Accumulate Shopper Electronics Batteries: Implementing tasks that can help States and native governments within the initiation or enhancement of battery assortment, recycling, and reprocessing. Six tasks had been chosen to do that by way of approaches together with battery assortment drop-off packages and deploying battery storage and sorting services, representing $7.2 million in funding.
Initiatives chosen for this funding should advance variety, fairness, inclusion, and accessibility; contribute to power fairness; and spend money on America’s workforce. This funding – which might be administered by DOE’s Automobile Applied sciences Workplace (VTO) and Workplace of Manufacturing and Power Provide Chains (MESC) – helps targets 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 right this moment 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 spend money on recycling in assist of a safe, home provide chain for important supplies. MESC lately introduced as much as $16 million to spice up assortment on used (spent) client batteries at retailers. DOE is in search of tasks led by retailers to create or broaden to gather, type, retailer, and transport client electronics batteries and battery-containing units. Functions are due on April 9, 2024, at 5 p.m. ET. DOE additionally lately introduced a brand new prize specializing in growing 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.
Study extra concerning the tasks chosen for award negotiation right here, and be taught extra about VTO and MESC.
Choice for award negotiations shouldn’t be a dedication by DOE to challenge an award or present funding. Earlier than funding is issued, DOE and the candidates will endure a negotiation course of, and DOE could cancel award negotiations and rescind the choice for any cause throughout that point.
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