Competition for Battery Recycling to be Stimulated by Award

The U.S. Department of Energy is introducing an award for sustainable use of lithium-Ion batteries. (“Lithium-Ion Battery Recycling Award”) to increase the efforts of technology companies in the industry to find innovative solutions for the collection, storage and transportation of used lithium-ion batteries for recycling.

U.S. Secretary of Energy Rick Perry also announced the opening of an associated research and development center for battery recycling. The center is managed by the Argonne National Laboratory, the Renewable Energy Laboratory and the Oak Ridge National Laboratory and is subsidized with 15 million US dollars.

“America’s dependence on foreign sources of critical materials undermines our energy security and national security,” said Perry. “DOE will leverage the power of competition and the resources of the private sector, universities, and the National Laboratories to develop innovative recycling technologies, which will bolster economic growth, strengthen our energy security, and improve the environment.”

Cash prizes totaling $5.5 million will be awarded in three phases to participants of Recycling Award to support the development of solutions.


Source: The U.S. Department of Energy |
Image Source: Pixabay |

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