The Faraday Institution & NREL Sign MOU In Support of US & UK Joint Battery Research

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The Faraday Institution & NREL Sign MOU In Support of US & UK Joint Battery Research
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As the world races to decarbonize global energy systems, battery storage is expected to play a key role. As the penetration of variable renewable energy increases its share in the electricity generation mix, there will

need to be a ramp-up in the installation of stationary storage for utility scale applications, and also for behind the meter applications in the C&I and residential sectors.

Some of the areas identified that will help accelerate the ramp-up of battery production, and to reduce costs to meet this growing demand for battery storage, are:to enable recycling of lithium-ion batteries at scale The MOU was signed at the Royal Institution, during the first in a series of US / UK workshops on electrochemical energy storage, by Professor Pam Thomas, Chief Executive Officer of thein the UK, and Dr Peter F. Green, Deputy Laboratory Director for Science and Technology and Chief Research Officer of the US Department of Energy’s National Renewable Energy Laboratory .

“An important goal is to establish a sustainable supply chain for critical materials, such as cobalt, and to establish a lithium battery recycling ecosystem to recover and reintroduce these materials into the battery supply chain. Electrochemical energy storage is one of DOE’s priorities, and collaborative activities have been established between the national laboratories in this area,” said Peter F Green, Deputy Laboratory Director, Science and Technology, NREL.

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