‘We want to create an integrated value chain for battery cells in Europe…’
This week, 24th to 27th of November, the European Conference on Batteries 2020 is taking place. The online event has been organised by the Federal Ministry for Economic Affairs and Energy in the framework of the German EU Council Presidency. The European Conference on Batteries places a special focus on the topics of sustainability, skills development and innovation. European and international participants from industry, science and politics will be sharing the most recent developments.
The event is linked to the launch of two ‘Important Projects of Common European Interest’ (IPCEIs) concerning the battery value chain. These two projects involve more than 60 companies from across Europe promoting innovation to create new value chains.
Speaking at the opening of the conference, German Federal Minister for Economic Affairs and Energy Peter Altmaier said; ‘We want to create an integrated value chain for battery cells in Europe – ranging from the processing of raw materials to battery cell production and recycling. Therefore, the Federal Ministry for Economic Affairs and Energy is providing funding worth nearly €3 billion to the German projects involved the two IPCEIs on batteries. In future, Europe is to produce the most innovative and environmentally friendly battery cells, giving rise to tens of thousands of jobs along the value chain…’
The first IPCEI on batteries involves seven Member States: Belgium, Finland, France, Germany, Italy, Poland and Sweden, its State aid funding was approved during December 2019. The seven Member States are providing €3.2 billion and the project involves seventeen European Companies.
The second IPCEI on batteries, which comprises 12 participating Member States and some 50 companies, is currently being reviewed by the European Commission in relation to State aid rules.