Description

Table of contents

Executive Summary (2)

Table of figures (4)

New regulations and initiatives discussed this month (5)

Americas (5)

United States (5)

Asia (5)

China (5)

Europe (5)

Germany (5)

Projects updates and announcements (6)

Overview of the 2019 market for utility-scale energy storage projects (6)

Projects announced or contracted this month (7)

Projects commissioned this month (8)

Tenders this month (9)

Focus of the month: Second-life applications of electric vehicle batteries (10)

Second-life battery uptake is correlated with electric vehicle adoption (10)

Battery second use (B2U) set to benefit from a drastic spur by 2027 thanks to EV adoption growth (10)

Despite the multitude of repurposing techniques, lack of standardization and assessment uncertainties hinder B2U growth (11)

A multitude of actors is implicated in the EV B2U value chain (13)

Second-life battery costs depend on the battery’s state and application (15)

Economic viability of second-life systems relies heavily on the repurposing technique and cycle life (15)

Table of Figures

Figure 1: Utility-scale energy storage projects announced/contracted and commissioned in 2018 and 2019 (ongoing) (6)

Figure 2. Lifecycle of an EV battery (10)

Figure 3. Estimated volumes for second-life applications (in GWh) (11)

Figure 4. Typical options for second-life battery repurposing (12)

Figure 5. Map of second-life EV battery projects and MWh by country (14)

Figure 6. Required annual revenues for three second-life battery scenarios in comparison with a new battery and typical energy market revenues per year (16)