Scrutiny of economic feasibility and profitable uses for second-life batteries. Examination and comparison of power electronics for second-life battery performance. Due to the increasing volume of electric vehicles in automotive markets and the limited lifetime of onboard lithium-ion batteries, the large-scale retirement of batteries is imminent.
This story is contributed by Josh Lehman, Relyion Energy Second-life batteries present an immediate opportunity, the viability of which will be proven or disproven in the next few years. Second-life batteries can considerably reduce the cost as well as the environmental impact of stationary battery energy storage.
This indicates a greater potential supply of second-life batteries in the next decade (2030 -). The enormity of these figures underscores the urgency in devising strategies for the cost-effective reutilization of these batteries. Thus, a technical assessment procedure for retired batteries is imperative.
As mentioned in Section 3, batteries with different SOH levels would be available for second-life applications. Typically, SLBs with a higher remaining capacity yield more revenue, but they may come at a higher cost. To make effective use of SLBs, the cost of maintaining and refurbishing these batteries must be outweighed by their benefits.
According to the joint report by McKinsey and the Global Battery Alliance, the projections estimate the global supply of second-life batteries will reach 15 GWh by 2025 and further increase to 112–227 GWh by 2030 . Besides, McKinsey also reported that the global demand for Li-ion batteries is expected to skyrocket in the next decade .
According to Liu’s study, 29 the price of second-life EVBs for energy storage was $72/kWh, and the price of new EVBs was $232/kWh. Gotion 30 estimated that in China, the price of retired EVB was about $23–31/kWh, and the selling price was about $62–70/kWh after testing, screening, and recombination.
The Second-life EV Battery Market to Reach US$4.2B in Value by …
"Second-life Electric Vehicle Batteries 2025-2035: Markets, Forecasts, Players, and Technologies" from IDTechEx analyzes repurposing costs, including logistics, battery materials, and components, and the repurposing process itself, including battery testing, disassembly, and reassembly. Cost sensitivity analysis and discussion are also provided, …
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SECOND LIFE: MAXIMIZING LIFECYCLE VALUE OF EV BATTERIES
By 2030, we expect more than 17 GWh of EV batteries to become available for repurposing …
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On the potential of vehicle-to-grid and second-life batteries to ...
Here, authors show that electric vehicle batteries could fully cover Europe''s need for stationary battery storage by 2040, through either vehicle-to-grid or second-life-batteries, and reduce ...
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Lithium-ion battery second life: pathways, challenges and outlook
It is estimated that by 2030 there will be up to 120 GWh/year of wasted, untapped resource stored in EoL batteries (Global, 2020). This is driving a new field of research into ways of reusing EoL batteries in further, less demanding, automotive applications (Ramoni and Zhang, 2013; Martinez-Laserna et al., 2018).
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Second life: Maximizing lifecycle value of EV batteries
Second-life batteries (SLBs) find applications in stationary systems, combined with renewable energy sources, grid support, and behind-the-meter-electricity storage for residential, commercial, and industrial properties. Figure 1 shows the lifecycle of a vehicle battery, including possible recycling and repurposing processes and second-life ...
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Lithium-ion battery second life: pathways, challenges and outlook
Thus, even considering that battery second life use may produce an appealing reduction of the upfront cost, it might be insufficient to change the overall EV costs significantly and to be a disruptive factor in favour of faster EV adoption (Martinez-Laserna et al., 2018). Note that the relationship between EV OEM and the buyer of the SLB should be specified, i.e., is …
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Opportunities and Challenges of Second-Life Batteries
Despite the plunge in lithium prices in 2023, first-life batteries still cost 2–6 times as much as second-life batteries. As 2023 drew to a close, first-life LFP modules cost $90–120 per kWh, while retired batteries typically sold for $0–60 per kWh.
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(PDF) Cost, Energy, and Carbon Footprint Benefits of Second-Life ...
Estimates in the literature are that the cost of second-life EVBs is in the range of 20%–80% of new batteries. However, due to their low depth of discharge (DOD), for example, 50%–60%...
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(PDF) Cost, Energy, and Carbon Footprint Benefits of Second-Life ...
a second-life battery cost including repurposing cost of $117/kWh while Kamath''s team. 74. assumed $65/ kWh. For new batteries, Steckel and colleagues. 82. assumed $151/kWh while Kamath and ...
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SECOND LIFE: MAXIMIZING LIFECYCLE VALUE OF EV BATTERIES
By 2030, we expect more than 17 GWh of EV batteries to become available for repurposing from cars, buses, vans, and trucks, as shown in Figure 2. Battery costs still constitute close to 40% of total EV costs across the industry, a significant factor in EV manufacturing.
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A review on second-life of Li-ion batteries: prospects, challenges, and ...
Second-life is a phenomenon with positive aspects such as lowering manufacturing costs and mitigating waste produced by direct disposal, as well as negative aspects such as battery collection, storage, handling, and recycling [[11], [12], [13], [14]].However, because of its high energy potential, using this retied battery has attracted interest.
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Technology, economic, and environmental analysis of second-life ...
Reusing EV batteries aim to counter concerns with EV battery …
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End-of-life or second-life options for retired electric vehicle ...
Then, the viability of second-life battery applications is discussed in two aspects: economic and technological. Finally, we identify important key technologies that have the potential to boost the second-life battery industry in the near future and shed light on the state-of-the-art status of those technologies. It is worth noting that the environmental aspects will not be …
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The Second-life EV Battery Market to Reach US$4.2B in Value by …
Key conclusions for the second-life EV battery market, including challenges, drivers, and growth opportunities. This includes trends on technology cost, policy, battery design and performance, repurposing costs and automation, advanced battery testing and grading technologies, B2B marketplaces, business models, and revenue sharing.
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Technology, economic, and environmental analysis of second-life ...
Reusing EV batteries aim to counter concerns with EV battery decommission and disposal, and the high costs associated with new ESS. These retired batteries, referred to as second-life batteries (SLBs), are batteries that can no longer provide the requirements of a specific application but can still be useful in less demanding applications [12 ...
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Lithium-ion battery second life: pathways, challenges …
It is estimated that by 2030 there will be up to 120 GWh/year of wasted, untapped resource stored in EoL batteries (Global, 2020). This is driving a new field of research into ways of reusing EoL batteries in further, less …
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Challenges and opportunities for second-life batteries: Key ...
Currently, the price of a decommissioned LFP battery is about $0.5/kWh, and the price of a decommissioned NCM battery is about $0.45/kWh; by comparison, the price of a new LFP battery is about $1.3/kWh, and the price of a new NCM battery is about $0.9/kWh, and the price of a lead–acid battery is about $0.3/kWh [91], [92], [98], [116]. The ...
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(PDF) Cost, Energy, and Carbon Footprint Benefits of …
Estimates in the literature are that the cost of second-life EVBs is in the range of 20%–80% of new batteries. However, due to their low depth of discharge (DOD), for example, 50%–60%...
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Batterysecondlife
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The Second-Life of Used EV Batteries
Depending on the ownership model and the upfront cost of a second-life battery, estimates of the total cost of a second-life battery range from $40-160/kWh. This compares with new EV battery pack costs of $157/kWh at the end of 2019.
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Challenges and opportunities for second-life batteries: Key ...
Currently, the price of a decommissioned LFP battery is about $0.5/kWh, and …
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Opportunities and Challenges of Second-Life Batteries
Despite the plunge in lithium prices in 2023, first-life batteries still cost 2–6 times as much as second-life batteries. As 2023 drew to a close, first-life LFP modules cost $90–120 per kWh, while retired batteries typically …
Learn More
The Second-Life of Used EV Batteries
Depending on the ownership model and the upfront cost of a second-life battery, estimates of the total cost of a second-life battery range …
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Cost, energy, and carbon footprint benefits of second-life electric ...
The LCOS using second-life batteries was estimated to be $234–278/MWh while that using new batteries was $211/MWh. Despite substantially lower upfront costs, it was determined that second-life batteries are not economically competitive. The difference in conclusions in the studies reflects different input assumptions.
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Second-life EV batteries: The newest value pool in energy storage
In 2025, second-life batteries may be 30 to 70 percent less expensive1 than new ones in these …
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Opportunities and Challenges of Second-Life Batteries
The cost comparison also depends on project scale: for residential systems, battery modules are a small portion of overall project costs, so the use of second-life batteries is less impactful. The ...
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