Oslo lithium battery energy storage industry

What is Norway's battery strategy?

Norway's first battery strategy was launched on 29 June 2022. The strategy presents 10 measures for how Norway will further develop a coherent and profitable battery value chain. Norway’s battery strategy_ (spreads.pdf) Knowledge base: Basis for Norway’s battery strategy Norway's first battery strategy was launched on 29 June 2022.

Who is supplying end-of-life lithium-ion batteries?

Eco Stor, an Oslo-headquartered portfolio company of Norwegian utility company Agder Energi, will provide the joint venture with end-of-life lithium-ion batteries. Morrow Batteries, a battery manufacturer, will also supply lithium-ion battery manufacturing scrap from its planned facilities in Norway.

Are EV batteries the future of energy storage?

“There are two market drivers for batteries: EVs and stationary energy storage. Energy storage is coming on strong now. It’s the key to turning intermittent wind and solar into a stable energy source,” explains Pål Runde, Head of Battery Norway. An early adopter of electric transport, Norway continues to capture EV battery headlines.

Where is lithium-ion battery recycling done?

Last year, a new lithium-ion battery recycling plant broke ground in Fredrikstad, Norway.

Could a new lithium-ion battery recycling facility create a secondary supply?

Canada-based Ly-Cycle and Norwegian partners Eco Stor and Morrow Batteries are building a new commercial lithium-ion battery recycling facility in southern Norway. Recycling could create a secondary supply of critical battery metals to meet the increasing demand.

Does Li-Cycle recycle lithium-ion batteries?

Li-Cycle's recycling processes are applicable to all chemistries and formats of lithium-ion batteries and can recover 95% of all constituent materials. Li-Cycle's recycling is environmentally optimized with no production of landfill waste.