Battery Recycling Is Here - But Where Are The Batteries? - Ep165: Hans Eric Melin
Jun 5, 2024
auto_awesome
Hans Eric Melin, the expert on battery recycling, challenges myths about low recycling rates, highlighting potential rates of up to 90%. He discusses the importance of data in circular energy storage and addresses challenges in battery recycling, collection rates, repurposing electric vehicle batteries, market values, and opportunities in the industry.
Battery recycling rate could be as high as 90%, challenging the myth of low recycling rates.
Hans-Erik Melin's diverse background in communication leads to expertise in battery reuse and AI-powered sorting.
Balancing recycling capacity and material availability poses a challenge for the global battery recycling industry.
Deep dives
Battery Recycling: The Current Reality
Battery recycling has become a critical issue as battery prices decrease and manufacturing volumes increase. Contrary to popular belief, only 5% of lithium-ion batteries are actually recycled, with the majority ending up in landfills. However, the reality presented by the world's leading expert, Hans-Erik Melin, challenges this myth. He suggests that the recycling rate for end-of-life lithium-ion batteries could be as high as 90%, showcasing a significant discrepancy in public perception versus actual practice.
Expertise in Battery Recycling
Hans-Erik Melin's journey into battery recycling expertise is unconventional, stemming from a background in communication rather than engineering or chemistry. Over his extensive career, he has delved into battery reuse, recycling, and renewable energy. From utilizing AI for battery sorting to delving into the complexities of recycling different battery chemistries, Melin's experience underscores the intricate process of understanding battery recycling.
Balance in Recycling Capacity
The global battery recycling industry faces a unique challenge of balancing recycling capacity and material availability. With over 300 battery recycling plants worldwide, the sector has a capacity that exceeds the current volume of batteries being recycled, leading to a utilization rate of around 33%. Despite significant investments in recycling capacity, the market dynamics and material costs pose challenges to efficient recycling operations.
Value in Battery Recycling
The economic value of battery recycling lies in the recovery of valuable materials like nickel, cobalt, and lithium. Different battery chemistries yield varying material values, with NMC batteries potentially worth $7,000 to $10,000 per ton and LFP batteries at $2,000 to $3,000 per ton. Understanding the inherent value in recycled battery materials is crucial for sustainable recycling practices and market viability.
Challenges and Opportunities Ahead
Navigating the complexities of the battery recycling landscape requires a delicate balance of industry insight and strategic decision-making. With a dynamic market influenced by material pricing, supply-demand dynamics, and technological advancements, investing in recycling capacity remains a critical consideration. Harnessing innovative recycling technologies, optimizing material recovery, and aligning with circular economy principles will be key to driving sustainable and profitable battery recycling ventures.
As everyone knows, battery prices are plummeting and manufacturing volumes are soaring, whether for EVs or for grid-connected storage. And everyone knows there's a problem: only 5% of lithium-ion batteries are recycled. The rest go to landfill, right? Wrong. This week's guest on Cleaning Up is the world's preeminent expert on battery recycling. Hans Eric Melin is the Founder and Managing Director of Circular Energy Storage.
Circular Energy Storage is a London-based data collection and analytics consultancy focused on the lithium-ion battery end-of-life market. They help companies and organisations in the entire battery value chain to take better decisions in everything that relates to reuse and recycling of lithium-ion batteries. They do this by continuously collecting, analysing and publishing data from all parts of the value chain worldwide and by working actively with customers in their strategy and business development.
Please like, subscribe and leave a review. Follow us on Twitter, LinkedIn, Facebook or Instagram, and sign up for the Cleaning Up newsletter at https://cleaninguppod.substack.com.
Links and more:
Circular Energy Storage: https://circularenergystorage.com/about
Hans' LinkedIn post on the false narratives around lithium-ion battery recycling rates: https://www.linkedin.com/pulse/5-rate-other-untruths-battery-recycling-hans-eric-melin-m5lde
Hans' more extensive research report explaining the real rates: https://www.energimyndigheten.se/globalassets/forskning--innovation/overgripande/state-of-the-art-in-reuse-and-recycling-of-lithium-ion-batteries-2019.pdf
The 2023 Battery Materials Review Yearbook, featuring a chapter authored by Hans: https://www.batterymaterialsreview.com/products/
The 2016 paper Hans mentioned, featuring the 95% landfill rate: https://link.springer.com/article/10.1007/s11837-016-1994-y
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode