{"id":470869,"date":"2024-02-27T12:00:00","date_gmt":"2024-02-27T11:00:00","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=470869"},"modified":"2024-02-27T12:00:00","modified_gmt":"2024-02-27T11:00:00","slug":"how-the-european-battery-alliance-is-driving-decarbonization-in-europe-2","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/how-the-european-battery-alliance-is-driving-decarbonization-in-europe-2\/","title":{"rendered":"How the European Battery Alliance is driving decarbonization in Europe<\/strong>"},"content":{"rendered":"\n

With a target size of \u20ac500 million<\/a>, the \u2018EBA Strategic Battery Materials Fund\u2019 builds upon the success of the European Battery Alliance in its mission to create a resilient European battery industry. The fund was launched in January amidst soaring European demand for batteries, exposing significant gaps in the upstream (mining, processing) of the EU\u2019s battery material supply chain. In line with the EU\u2019s Critical Raw Materials Act (CRMA) requirements to decrease the EU\u2019s overreliance on foreign supply, the fund aims to boost domestic capacities for strategic battery materials such as lithium, nickel, cobalt, manganese, and graphite.<\/p>\n\n\n\n

Why this is important: <\/h2>

This article sheds light on the significant strides being made in Europe’s battery industry, particularly in addressing critical gaps in the supply chain for strategic battery materials. By launching the ‘EBA Strategic Battery Materials Fund’ and aligning with the EU’s Critical Raw Materials Act, stakeholders aim to bolster domestic capacities for key battery materials, ensuring a resilient and sustainable battery industry in Europe. <\/p><\/div>\n\n\n\n

EIT InnoEnergy, the European innovation engine in sustainable energy, and Demeter Investment Managers launched the new fund. According to Diego Pavia, CEO of EIT InnoEnergy, Europe must intensify its domestic battery raw materials production efforts to secure a thriving and resilient European battery industry. \u201cWhile it\u2019s encouraging to see a growing list of ambitious initiatives and financial stimuli from public and private players, their focus is typically on mature projects. Yet, these initiatives need a deal flow of de-risked projects. Therefore, we also need a focus on early-stage upstream projects committed to a sustainable, traceable, and transparent battery materials supply chain \u2013 and that\u2019s exactly what the EBA Materials Fund will deliver.\u201d<\/p>\n\n\n\n

European Battery Alliance<\/strong><\/h2>\n\n\n\n

The EBA Strategic Battery Materials Fund is built upon the European Battery Alliance (EBA), representing over 750 organizations calling for an upgrade to Europe\u2019s battery chain ambitions. \u201cMoreover, it has the plan to deliver on them,\u201d says Thore Sekkenes, EBA250 Program Director at EIT InnoEnergy. \u201cDespite our achievements since our start in 2017, gaps remain for fully deploying a resilient end-to-end battery industry. Addressing these will further support the EU\u2019s decarbonization and provide even more opportunities within the industry.\u201d The supply chain disruptions experienced during the COVID-19 pandemic and the war in Ukraine have made the need for resilient industrial value chains for the EU\u2019s economic growth, decarbonization, and strategic autonomy ever more pressing, Sekkenes says.<\/p>\n\n\n\n

The European battery market is booming. The double-digit electric driving growth rate indicates the entire EU battery value chain. It can be attributed to the role of the European Battery Alliance. Launched in 2017 under the auspices of European Commission Vice President Maro\u0161 \u0160ef\u010dovi\u010d and driven by EIT InnoEnergy, the EBA\u2019s mission is to create a competitive and sustainable battery cell manufacturing value chain in Europe.<\/p>\n\n\n\n

\n

This is an article from our magazine IO Next: Energy Storage<\/a>. In the puzzle of our new energy system, balancing supply and demand for energy is the greatest challenge. And that’s why we dedicate this magazine to that crucial puzzle piece.<\/strong><\/p>\n<\/div>

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180 projects<\/strong><\/h2>\n\n\n\n

More than 180 industrial battery projects are being developed in the EU, with 47 in the battery cells segment. Sekkenes: \u201cThanks in large part to the EBA\u2019s work, the EU is set to meet 69 and 89 percent of its increasing demand for batteries by 2025 and 2030, respectively, and will be capable of producing up to 11 million cars per year.\u201d<\/p>\n\n\n\n

Sekkenes says the EBA has established itself as the model of industrial strategy in Europe, being replicated in other countries and sectors. \u201cThe work has also driven a mindset change in Europe and fostered further public-private collaboration.\u201d <\/p>\n\n\n\n

Bridging the gaps<\/strong><\/h2>\n\n\n\n

As part of its call to raise ambitions for Europe\u2019s battery industry, the EBA250 recommends a set of priority actions to tackle the gaps found in both the upstream and downstream segments of the battery industry and much-needed workforce training. \u201cMining domestic raw materials, processing and refining, and producing active battery-grade materials remains an issue,\u201d Sekkenes adds. \u201cJust like we need to address the downstream scrap recycling. We can reintroduce high-quality recycled metals back into the EU supply chain.\u201d<\/p>\n\n\n\n

He says that implementing EU battery regulation is needed to reach that goal. \u201cThe upcoming Battery Passport will set the standard for sustainable, traceable, and circular batteries in Europe, positioning European battery companies competitively. Stringent provisions must be made here, with special attention to the battery footprint. Adopting relevant legislative provisions in the European Commission\u2019s \u2018Fit for 55\u2019 package will boost the demand for batteries to continue decarbonizing the transport system and accelerate toward a 100 percent renewable energy system.\u201d This includes measures supporting battery-based light and last-mile mobility, the rollout of charging infrastructure, emissions performance standards for cars and vans, facilitation of system integration, and stationary storage at the grid level and behind the meter. <\/p>\n\n\n\n

The workforce gap<\/strong><\/h2>\n\n\n\n

On top of the industrial, regulatory, and financial gaps, Sekkenes also points to the growing need for a skilled workforce in all functions and levels. \u201cTo meet the needs of the industrial projects already in the pipeline, an estimated 800,000 workers will need to be trained or upskilled by 2025. To bridge this skills gap, we propose earmarking two percent of the European Social Fund budget to finance battery training programs in the next three years.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

With a target size of \u20ac500 million, the \u2018EBA Strategic Battery Materials Fund\u2019 builds upon the success of the European Battery Alliance in its mission to create a resilient European battery industry. The fund was launched in January amidst soaring European demand for batteries, exposing significant gaps in the upstream (mining, processing) of the EU\u2019s […]<\/p>\n","protected":false},"author":1568,"featured_media":506718,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[42],"tags":[76438,77593],"location":[66582],"article_type":[43139],"serie":[],"archives":[],"internal_archives":[],"reboot-archive":[82815],"class_list":["post-470869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability-nl","tag-battery-magazine","tag-european-battery-alliance","location-europe","article_type-features","reboot-archive-green"],"blocksy_meta":[],"acf":{"subtitle":"Boosted by electric driving and consumer electronics, the battery industry has proliferated. A \u20ac500 million fund should help create a resilient European battery industry.","text_display_homepage":false},"author_meta":{"display_name":"Bart Brouwers","author_link":"https:\/\/ioplus.nl\/archive\/author\/brewbart\/"},"featured_img":"https:\/\/ioplus.nl\/archive\/wp-content\/uploads\/2024\/02\/11.1.png","coauthors":[],"tax_additional":{"categories":{"linked":["Sustainability<\/a>"],"unlinked":["Sustainability<\/span>"]},"tags":{"linked":["battery magazine<\/a>","European Battery Alliance<\/a>"],"unlinked":["battery magazine<\/span>","European Battery Alliance<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 2 years ago","modified":"Updated 2 years ago"},"absolute_dates":{"created":"Posted on February 27, 2024","modified":"Updated on February 27, 2024"},"absolute_dates_time":{"created":"Posted on February 27, 2024 12:00 pm","modified":"Updated on February 27, 2024 12:00 pm"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/470869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/users\/1568"}],"replies":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/comments?post=470869"}],"version-history":[{"count":0,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/470869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media\/506718"}],"wp:attachment":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media?parent=470869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/categories?post=470869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/tags?post=470869"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/location?post=470869"},{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/article_type?post=470869"},{"taxonomy":"serie","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/serie?post=470869"},{"taxonomy":"archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/archives?post=470869"},{"taxonomy":"internal_archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/internal_archives?post=470869"},{"taxonomy":"reboot-archive","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/reboot-archive?post=470869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}