Redwood Materials Is choosing a location for its first battery recycling factory in Europe. The cost of electricity will be a key factor.
is one. Proximity to EV manufacturers and access to national and local incentives are two others.
There is another factor, however, and it may be more important than all the others — access to low cost electricity from renewable sources. Battery recycling is an energy intensive enterprise. Redwood has already dismissed France and Poland from consideration because France gets most of its electricity from nuclear generating stations and Poland relies heavily on coal for its electricity., several sources familiar with the search report that Germany meets many of the company’s criteria.
But the cost of electricity in Germany is significantly higher than it is in Sweden and Norway, both of which have abundant supplies of low cost hydro power. Building in Germany instead of Scandinavia could add millions of dollars a year to Redwood’s operating expenses. But Norway may be too far away from Redwood’s customers and Sweden, knowing its low cost electricity is a powerful draw for major businesses like Redwood Materials, is less inclined to offer significant financial incentives.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The next big battery material squeeze is old batteriesIt could take 15 years or more for old batteries to eventually arrive at recycling plants.
Weiterlesen »
Making Batteries Out of Crab Shells May Be a Great IdeaWatch out, Mr. Krabs: Crustacean shells could provide a crucially biodegradable material for batteries.
Weiterlesen »
Recycling EV batteries is a problem, but not as you thinkThe global rush to recycled batteries is excellent news for automakers, however, there isn't nearly enough scrap to feed them all. The wave of new factories poses a significant risk for the recycling industry itself.
Weiterlesen »
AXA Insurance Company Issues Apology For Staged Tesla Battery FireAfter showing an audience how a Tesla battery might catch fire, people were upset by the fact that there was no battery pack and the fire was pyrotechnics.
Weiterlesen »
Researchers use crab shells to create new biodegradable batteries with 99.7% efficiencyResearchers have developed a new battery with a biodegradable electrolyte extracted from a crab shell. It could pave the way for new sustainable batteries.
Weiterlesen »
California may add wine, liquor bottles to recycling programFewer people have been able to claim their deposit refunds in recent years as many neighborhood recycling centers closed.
Weiterlesen »