The development and production of batteries has become a strategic imperative for the EU, enabling the clean energy transition and as a key component of the competitiveness of the automotive sector. To help the EU become a global leader in sustainable battery production and use, in 2018 the Commission published a strategic action plan on batteries.
Recommendations for key sustainability performance indicators for a thriving battery industry in Europe is an option that should be further developed, with a balanced legislative approach that supports all technologies and does not prioritise one over another. BATTERY INNOVATION ROADMAP 2030 17 Concluding remarks 6
ensure that the monitoring covers the critical stages of the EU battery value chain. Data should include in particular actual battery production, measured in gigawatt hours, and the domestic production of the main raw and advanced materials needed to deliver the current and future generations of batteries.
Just as analysts tend to underestimate the amount of energy generated from renewable sources, battery demand forecasts typically underestimate the market size and are regularly corrected upwards.
Stationary storage will also increase battery demand, accounting for about 400 GWh in STEPS and 500 GWh in APS in 2030, which is about 12% of EV battery demand in the same year in both the STEPS and the APS. IEA. Licence: CC BY 4.0 Battery production has been ramping up quickly in the past few years to keep pace with increasing demand.
This work is independent, reflects the views of the authors, and has not been commissioned by any business, government, or other institution. Global demand for batteries is increasing, driven largely by the imperative to reduce climate change through electrification of mobility and the broader energy transition.
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