SubsidieMeestersLow CO2 Footprint Battery Foil for Li-ion Battery Production for Energy Storage
Granges Finspang aims to become a sustainability leader in the European battery foil market by producing low CO2 aluminum foil using innovative technologies and recycled materials.
Projectdetails
Introduction
The market of EV sales has increased in the latest years and is forecasting to further increase within the coming years. Li-ion batteries demands will increase more than 20%+ from now till 2030 and beyond.
Battery Foil Market Opportunity
The battery foil market, which is used as the cathode current collector, will see the same increase in the coming years. Granges Finspang sees a good opportunity to enter this market due to several reasons:
- The market in Europe is undersupplied; battery manufacturers are forced to source material from China.
- The high CO2 footprint for the material from China is not in line with the call for "Green Battery" in Europe.
- Importing material also poses a significant risk to the supply chain of EU battery production.
Vision for Sustainability
Granges Finspang has a vision to become the "sustainability leader" in the battery industry since the company's operation has a low CO2 footprint in comparison to European peers. They are constantly striving towards even further reductions in CO2 footprint. This supports battery cell producers as well as OEMs' future targets.
Production Challenges
Battery foil as a new product is unfamiliar to European aluminum mills. To produce battery foil in Europe, current producers must invest heavily in new skills and capabilities. In preparation for this project, Granges Finspang has conducted a solid technical, financial, and commercial feasibility study for investing in new technologies for battery foil production in Finspang, Sweden, with low CO2 emissions.
Project Impact
The project total absolute GHS avoidance is 36,883,571 tons, and the project cost efficiency ratio is 0.073.
Innovative Technology
The project will install an innovative surface treatment technology (corona treatment) and increase the use of "end of life" aluminum scraps in production.
Financiële details & Tijdlijn
Financiële details
| Subsidiebedrag | € 2.676.706 |
| Totale projectbegroting | € 2.676.706 |
Tijdlijn
| Startdatum | 1-4-2021 |
| Einddatum | 30-4-2028 |
| Subsidiejaar | 2021 |
Partners & Locaties
Projectpartners
- GRANGES FINSPÅNG ABpenvoerder
Land(en)
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