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Maroš Šefčovič

Northvolt clinches gigafactory EU loan deal

Fri, 05/17/2019 - 10:45 -- John Shepherd
Northvolt clinches gigafactory EU loan deal

The European Investment Bank (EIB) has confirmed its approval in principle of a €350 million (US$391m) loan for Swedish battery maker Northvolt to build a 16GWh capacity lithium-ion battery cell plant— as revealed by BEST Battery Briefing last week.

EIB vice-president Andrew McDowell (pictured) said the loan is the largest ever direct financing approved by the bank for battery technology. The financing will be through the EIB-managed European Fund for Strategic Investments.

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EU to launch battery raw materials investment fund

Fri, 05/03/2019 - 13:38 -- John Shepherd
Maros Sefcovic

Two of Europe’s leading institutional banks are set to back the launch of a raw materials investment facility to support future batteries production in the EU.

The European Investment Bank and the European Bank for Reconstruction and Development (EBRD) will underpin the facility which could be launched by the end of this year, EU energy chief and European Commission vice-president Maros Sefcovic has revealed.

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Study to consider EU ‘green’ battery regulations

Mon, 01/28/2019 - 00:00 -- Hugh Finzel

A study has been launched to inform potential new regulations stipulating the ‘green’ characteristics of batteries to be produced in the EU, BEST Battery Briefing can reveal.

EU energy chief Maroš Šefčovič wants only batteries with “truly green” credentials and the “highest environmental standards” to be produced by the bloc’s ambitious Batteries Alliance, which Šefčovič says will incorporate a cell manufacturing industry to compete with Asia.

Now BBB has learned EU chiefs have commissioned a feasibility study “on possible requirements” for batteries to be produced by the Alliance— a pet project of Šefčovič, who is a candidate to succeed Jean-Claude Juncker as Commission president.

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Storage4EU showcases “innovative and inspiring storage projects”

Mon, 12/10/2018 - 00:00 -- Hugh Finzel

In an effort to highlight some of the successes of energy storage projects hitherto and inspire similar ventures henceforth, the European Association for Storage of Energy (EASE) has unveiled a new initiative to showcase “some of the most innovative and inspiring storage projects supporting the energy transition”.  

Featured projects include a 6MW/6MWh Engie system in Drogenbos, Belgium that is formed of five separate pilot batteries; a 11.5MW/22.5MWh lithium-ion and sodium-sulfur system in Niedersachsen, Germany; and Highview’s 5MW/15MWh Liquid Air Energy Storage System in Greater Manchester, UK (featured in this week’s BEST Battery Briefing

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EU energy chief’s about-face on lead-acid?

Mon, 10/29/2018 - 00:00 -- John Shepherd
Maroš Šefčovič with Maroš Šefčovič

The European Union’s energy chief has given his first public indication yet that he personally believes advanced lead-acid batteries can be part of the bloc’s future energy mix, despite months of moves against the technology by European institutions.

Maroš Šefčovič, the European Commission vice-president spearheading EU ‘energy union’ policies, told BEST Battery Briefing that all advanced battery technologies should be deployed— and should benefit from R&D grant aid— if they meet strict new environmental requirements in terms of sustainability in production and supply of materials.

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EU pledges more cash to prop up lithium battery alliance

Mon, 10/15/2018 - 00:00 -- John Shepherd
Maroš Šefčovič

The European Union is pledging to throw additional cash at projects that support plans for an EU-wide battery cell manufacturing industry to compete with Asia.

The move comes one-year after the launch of the EU Batteries Alliance initiative— which has been heavily criticised for favouring investments in lithium-based technologies for future electric vehicles while attacking the bloc’s lead-acid industry.

Now EU energy chief and European Commission vice-president, Maroš Šefčovič, has said around €1 million of new funding could be made available under a newly-launched ‘Interregional Partnership for Batteries’ (IPB)— “to promote European cooperation across public authorities, research, and industry” in support of the Batteries Alliance.

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EU unveils battery alliance roadmap

Mon, 02/26/2018 - 12:04 -- Xuan Zhong
EU unveils battery alliance roadmap

The European Union has unveiled a 20-point action plan to guide development of a newly-launched EU “batteries alliance”.

EU energy chief Maroš Šefčovič (pictured) told last week’s long-awaited summit of battery industry leaders in Brussels the project presented an “immense” challenge— to create “almost from scratch, competitive and sustainable, battery cell manufacturing in Europe supported by a full EU-based value chain”.

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German battery chiefs warn EU over Giga cash dash for lithium

Mon, 02/19/2018 - 11:21 -- John Shepherd
German battery chiefs warn EU over Giga cash dash for lithium

Battery industry leaders in Germany say there is currently “no business case” for “politically-inspired” plans by the European Union to build at least 10 Gigafactories across the bloc for lithium-based batteries.

EU energy chief Maroš Šefčovič said last week the Gigafactories would be needed to produce “green European batteries” for new electric vehicles produced in Europe— and to combat Asia’s increasing dominance in the EV batteries sector.

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EU ‘aware of lead’s value’ to batteries industry

Mon, 10/23/2017 - 11:03 -- John Shepherd
EU ‘aware of lead’s value’ to batteries industry

European Commission chiefs have not ruled out the participation of the lead-acid industry in a proposed ‘batteries alliance’ for Europe— BBB has learned.

Lead producers called on the Commission to urgently rethink its proposals last week, after EU energy chief Maroš Šefčovič used an industry summit in Brussels to float proposals to invest in large-scale battery cells production— but failed to outline support for Europe’s powerhouse lead-acid battery industry.

 

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‘EU needs Airbus-style consortium’ for batteries

Tue, 09/26/2017 - 09:51 -- News Editor
‘EU needs Airbus-style consortium’ for batteries

The EU’s energy chief has called for the creation of a Europe-wide consortium to support the battery industry— to prevent the EU “falling behind” in the race with China and other nations to power electric vehicles (EVs).

Maroš Šefčovič (pictured), the European Commission vice-president responsible for the ‘EU energy union’, said the bloc should invest in an “Airbus for batteries”— a consortium that he said could do for batteries what the European multinational does for the aircraft industry.

 

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