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Today, about 60% of mined cobalt is needed for battery cathodes. Studies indicate that, due to rapid demand growth, there will not be enough cobalt from 2023 onwards to meet the market needs. The EU targets for stationary storage and electro-mobility are at risk. Additionally, there is raised concern on the origins of this mineral. Therefore, Cobalt-free Li-ion cathode materials are an important step forward to solve these problems and that CoFBAT project aims to achieve. The feasibility of a metal recovery process will be deeply investigated and recommendations for future applications will be made. New materials and components for batteries will be developed and optimised in order to achieve longer lifetime, lower costs, improved safety and more efficient recycling. The expected results will strengthen EU competitiveness in advanced materials and nanotechnologies and the related battery storage value chain.
CoFBAT is a strategic project in achieving the EU energy transition targets through the development of an innovative battery storage solution. In the race for a greener European Union, renewable energy sources play a crucial role in the EU transition strategy away from fossil fuels and towards cleaner energy. Yet, the fluctuating nature of renewables represents a challenge in achieving this transition and meeting the set objectives. The development of battery storage would provide a solution to this renewables intermittency challenge. Therefore, CoFBAT project aims to develop the next level of battery storage with a modular technology, suitable for different applications that can meet the need for decentralised energy production and supply for private households and industrial robotised devices. CoFBAT also intends to allow Europe to become more independent from raw material supply. Indeed, Cobalt is a key material for the production of Li-ion batteries.
Vision & Concept
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