The battery regulations proposed by the European Commission on Thursday highlights the need of minimising both the social and the carbon footprint of the battery industry. Fossil Free Sweden has submitted a new national strategy on batteries to the Swedish Government showing how Sweden can take a leading position in the development of the sustainable battery value chain. The national strategy was developed in cooperation with EIT InnoEnergy and is supported by companies across the value chain as well as universities and environmental organisations.
STOCKHOLM, Dec. 11, 2020 /PRNewswire/ -- Yesterday a proposal of the new battery regulation was adopted by the European Commission. The proposal is ambitious – it aims at minimising both the carbon footprint and the social footprint of the batteries. This is accelerated by the European Battery Alliance, launched by EU Commissioner Maroš Šefčovic in 2017, with the aim of building a sustainable battery value chain in Europe. The Swedish strategy for a sustainable battery value chain shows how actions in Sweden will contribute to the European battery industry development.
The development of sustainable battery production is not only important for achieving climate goals, but also enables the emergence of a competitive industry that creates growth and jobs throughout the battery value chain.
Svante Axelsson, national coordinator for Fossil Free Sweden, says: "The big demand for electrification in the transport sector and industry processes have made battery manufacturing a bottle-neck. Sustainably produced batteries can become the next big Swedish industry expansion."
In Bloomberg NEF´s 'Global Lithium-Ion Battery Supply Chain Ranking' Sweden is projected to climb from number 10 to number 4 by 2025, only lagging behind China, Japan and the U.S.
Sweden has a strong position, with access to raw materials, cheap and fossil-free electricity, expertise and policy instruments that promote continued electrification with high environmental requirements. In addition, Sweden has strong actors along the entire value chain, from recycling and mining to the manufacture of active materials, complete battery cells and battery packs, to applications in the automotive industry as well as in the power system.
The national strategy for a sustainable battery value chain is developed by the government initiative Fossil Free Sweden in cooperation with EIT InnoEnergy who also developed the foundation of the European Battery Strategy for the European Commission.
The strategy is supported by actors from the entire value chain from the Swedish mining industry to the battery-cell producer Northvolt, vehicle manufacturers like Volvo Cars, Volvo Group and Scania and electricity distributor Vattenfall as well as universities and environmental organisations.
The strategy makes a list of demands for national policy within five areas:
Kenneth Johansson, CEO EIT InnoEnergy Scandinavia, comments: "Sweden is already today an integral part of the European battery ecosystem, but there is room for development in many parts of the value chain and here the strategy can be an important tool. We are impressed by the commitment of everyone involved and look forward how the example of this strategy work can be used as a role model for other European countries to follow."
About EIT InnoEnergyEIT InnoEnergy is the leading engine for innovation and entrepreneurship in sustainable energy across Europe and beyond.
EIT InnoEnergy has provided investments and added value services to some 380 sustainable energy related start-ups, of those 30+ are in storage, including flagship players like Northvolt, a vertically integrated sustainable battery manufacturer, and Skeleton Technologies, a global leader in ultracapacitors who is playing a key role within leading OEMs.
Following the mandate of the EU Commission, EIT InnoEnergy is leading the industrial stream of the European Battery Alliance in 2017, a European Commission initiative to build a strong and competitive European battery industry.
EIT InnoEnergy was established in 2010, has invested €560 million in sustainable energy innovations and is supported by the European Institute of Innovation and Technology (EIT).
Contact: Megain Buchanmegain.buchan@aspectusgroup.com
