Forecasting the EU recycling potential for batteries from electric vehicles

Abstract

Managing the waste stream of lithium ion batteries from electric vehicles is an emerging challenge. Therefore, a distribution delay forecasting model is developed considering multiple end-of-life options for battery applications; including replace, reuse, repurpose and recycle. This model is used to forecast the characteristics of the waste stream. Results of the presented model forecast a waste stream of 120 thousand and 1.8 million batteries to be recycled in 2030 and 2040 respectively. The results also demonstrate that retired batteries can potentially contribute to stationary energy storage markets by providing 8 GWh storage capacity in 2030, and 92 GWh in 2040.

Topics & Concepts