Battery research receives impetus as Faraday Institution and NREL sign MOU

With demand for batteries rising owing to increase in electric mobility, leaders in energy storage research National Renewable Energy Laboratory (NREL), US and Faraday Institution, UK have signed memorandum of understanding (MOU) under which the two will establish a cooperative relationship to fuel and support projects to develop and improve high-capacity batteries.

The two will also be working towards development of new battery materials as well as battery recycling for their future usage in electric vehicles for a more sustainable world. Both the workshop and the MOU identify areas of mutual interest in areas of key battery research, such as to reduce reliance on critical materials in cathodes and to ensure recyclability of batteries.

The scientific knowledge and know how between the two is huge and that is what will lead of innovations according to experts in both camps.

Researchers will be working towards establishing a sustainable supply chain for critical materials, such as cobalt, and to establish a lithium battery recycling ecosystem to recover and reintroduce these materials into the battery supply chain.

The MOU will pave way for leveraging the enormous and historic strengths of the research enterprise in energy storage in both the US and the UK to accomplish the goals laid out.

UK Business Minister Lord Callanan said: “The signing of this memorandum signals the UK’s continued commitment to international research collaboration in areas of strategic importance, such as energy storage. It is vital the UK continues to make efficient use of critical minerals through partnerships like this one and embed their re-use, recycling and recovery in the supply chain, as laid out in our new Critical Minerals Strategy.”

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