Monday 9 December 2019

Green light for seven EU member states’ €3.2m state aid for battery innovation

Green light for seven EU member states’ €3.2m state aid for battery innovation

Seven member states proposing to provide a total of €3.2 million (£2.7bn) in public support for battery research and innovation has been approved by the European Commission.

Belgium, Finland, France, Germany, Italy, Poland and Sweden are jointly supporting the development of innovative and sustainable technologies for lithium-ion batteries that last longer, have shorter charging times and are safer and more environmentally friendly than those currently available.

They say the project involves “ambitious and risky” research and development activities to delivery beyond state-of-the-art innovation across the batteries value chain, from mining and processing the raw materials, production of advanced chemical materials, design of battery cells and modules and their integration into smart systems, to recycling and repurposing of used batteries.

The project will also specifically target the improvement of environmental sustainability in all segments of the battery value chain, with the aim of reducing the carbon footprint and the waste generated along the different production processes.

The participants and their partners will focus their work on four areas: raw and advanced materials, cells and modules, battery systems and repurposing, recycling and refining.

Maroš Šefčovič, Vice President for Interinstitutional Relations and Foresight, said: “Our focus on scaling up innovation under the European Battery Alliance is yielding strong industrial partnerships. Thanks to intensive efforts by seven member states, industry and the Commission, Europe’s first major pan-European battery ecosystem is emerging, with lead projects in all segments of this strategic value chain.

“We have found the right recipe for our 21st century industrial policy: strong co-operation between industrial actors, concerted action to accelerate lab-to-market innovation, joined-up financial instruments from both, private and public sectors and a fit-for-future regulatory framework to underpin a stronger European knowledge-based economy.”

Written by

Bruna Pinhoni

Trending Articles