The US Department of Energy (DOE) is ready to spend up to $60 mn to establish an Advanced Battery R&D Consortium as the DoE sees “substantial R&D” is required for new or alternative battery chemistries that can achieve lower cost and use more abundant materials.
The consortium shall join key players to address critical battery needs for widescale EV commercialisation. The list includes EV manufacturers, universities, National Laboratories, mineral and material suppliers, and other vital stakeholders.
One crucial objective of the consortium is to enhance battery R&D that aligns with the needs of EV manufacturers, writes the DoE.
This will involve advancing technologies and processes to optimise battery performance, durability, and affordability. Additionally, the consortium will focus on developing a robust domestic battery supply chain and recycling capabilities.
Recycling spent lithium-ion batteries is vital to ensure a sustainable and responsible approach to battery production and disposal.
Applicants for the funding opportunity must include a community benefits plan emphasising diversity, equity, and inclusion. Funding applications will close on 8 September 2023.
In conjunction with the R&D Consortium, the DOE is also announcing the continuation of the Battery Recycling Prize.
Launched in January 2019, the prize has already awarded $5.5 mn to support companies delivering solutions for collecting, sorting, storing, and transporting discarded lithium-ion batteries.
The DOE will now provide $7.4 mn for a Breakthrough Contest and Phase IV of the prize.
The Breakthrough Contest will incentivise industry entrepreneurs, including both new and former Prize participants, to develop solutions that align with the goals of the Battery Recycling Prize.
The DoE also hopes to attract new competitors and provide additional support to Phase III winning teams.
During Phase IV: Demonstration of Impact, participants will be challenged to showcase the effectiveness of their solutions across all commercial applications.