Navigant Research Report Shows Advanced Battery Recycling Benefits All Stakeholders

When advanced batteries are recycled in an economical and
environmentally friendly way, system owners especially can increase
profit margins and decrease their footprint

BOULDER, Colo.–(BUSINESS WIRE)–#AdvancedBatteries–A new report from Navigant
Research
examines key recycling methods and strategies for major
advanced battery technologies that are commercially available for
transportation and grid storage.

With growing demand for grid-scale and electric vehicle battery storage,
advanced battery stakeholders are increasingly concerned about
mitigating the life cycle impact of these systems. Efforts are underway
to better understand the recycling process and to lower the costs and
environmental impacts involved. Click
to tweet
: According to a new report from @NavigantRSRCH,
recycling is an opportunity for advanced battery stakeholders to
integrate responsible, profitable business practices into their
go-to-market strategies.

“Early markets for advanced batteries opened around 2010, and now the
industry is seeing its first major wave of retired advanced battery
assets,” says Ian McClenny, research analyst with Navigant Research. “In
the past, advanced battery manufacturers, integrators, end users, and
even legacy battery recycling companies did not factor retirements into
their business models, but that is changing as they become more aware of
the opportunity to lower total cost of ownership, increase profits, and
reduce environmental impact.”

According to the report, recycling presents an opportunity for system
owners to increase profit margins and decrease their footprint, in
addition to providing benefits to other stakeholders. While second-life
use has been a viable option for some in the battery industry, the
economical and environmentally friendly recycling of advanced battery
systems would benefit all stakeholders.

The report, Novel
Recycling Strategies Expand the Value Proposition of Advanced Batteries
,
examines key recycling methods and strategies for major advanced battery
technologies that are commercially available for transportation and grid
storage. These methods are classified by their traditional
specifications, reported shortcomings, and future roadmap for
improvement. Navigant Research outlines the primary battery system
components for advanced batteries and how they should be considered when
recycling. The study also explores competing end-of-life strategies and
provides recommendations on incorporating recycling procedures in the
supply chain for governments, manufacturers, and business owners. An
Executive Summary of the report is available for free download on the Navigant
Research website
.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report,
Novel Recycling Strategies Expand the Value Proposition of
Advanced Batteries, is a summary and reflects Navigant Research’s
current expectations based on market data and trend analysis. Market
predictions and expectations are inherently uncertain and actual results
may differ materially from those contained in this press release or the
report. Please refer to the full report for a complete understanding of
the assumptions underlying the report’s conclusions and the
methodologies used to create the report. Neither Navigant Research nor
Navigant undertakes any obligation to update any of the information
contained in this press release or the report.

Contacts

Navigant Research
Lindsay Funicello-Paul, +1-781-270-8456
lindsay.funicello.paul@navigant.com

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