By Robert Walton, Waste Dive
The U.S. Department of Energy on Monday announced $192 million in funding to expand battery recycling research and development, calling the investments “essential” to the advancement of a domestic supply chain of critical materials for the energy transition.
The U.S. lithium battery market could grow ten-fold by 2030, driven by the growing adoption of electric vehicles and a need for stationary energy storage, the agency said. President Joe Biden has set a goal for half of the new vehicle sales to be electric by 2030.
The recycling funding falls into three buckets: consumer electronics recycling, a new advanced battery R&D consortium, and the continuation of a lithium-ion battery recycling prize DOE launched in 2019.
If you liked this post you’ll love our daily environmental newsletter, EnviroPolitics. It’s packed with the latest news, commentary, and legislative updates from New Jersey, Pennsylvania, New York, Delaware…and beyond. Don’t take our word for it, try it free for an entire month. No obligation.
