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gigafactories must prioritise sustainability to differentiate, panellists at Giga Europe 2024 caution","europes-gigafactories-must-prioritise-sustainability-to-differentiate-panellists-at-giga-europe-2024-caution","article/europes-gigafactories-must-prioritise-sustainability-to-differentiate-panellists-at-giga-europe-2024-caution",{"_uid":557,"date":558,"tags":559,"editor":568,"content":578,"excerpt":831,"featured":51,"reporter":832,"_editable":836,"component":837,"seo_title":553,"categories":838,"visibility":848,"author_company":49,"featured_image":849,"seo_description":831,"author_full_name":49,"author_job_title":49,"formattedDate":853,"formattedArticleDate":854},"07b53ba6-d72d-4574-a5e0-2c36aa1dc278","2024-03-21 00:00",[560,563,566],{"slug":561,"name":562},"europe","Europe",{"slug":564,"name":565},"giga-europe-2024","Giga Europe 2024",{"slug":567,"name":567},"gigafactory",[569],{"slug":570,"name":571,"content":572},"matthew-bird","Matthew 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He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":579,"content":580},"doc",[581,598,603,624,633,654,661,666,671,679,697,702,730,735,740,745,750,755,760,765,770,775,780,808,816,821,826],{"type":582,"attrs":583,"content":584},"paragraph",{"textAlign":49},[585,588,596],{"text":586,"type":587},"European gigafactories must distinguish themselves from Asian counterparts by embedding sustainability into their supply chains and production processes, according to panellists at last week’s Benchmark Giga Europe 2024 conference in Stockholm, ","text",{"text":589,"type":587,"marks":590},"Sweden",[591],{"type":592,"attrs":593},"link",{"href":594,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://source.benchmarkminerals.com/article/europes-anode-supply-chain-converges-on-sweden","url",{"text":597,"type":587},". ",{"type":582,"attrs":599,"content":600},{"textAlign":49},[601],{"text":602,"type":587},"“We need to differentiate ourselves from the competition in Asia,” said Vincent Veron, Head of Transition Minerals, Metals, and Batteries at BNP Paribas. “It is important to have the ESG aspect baked in.” ",{"type":582,"attrs":604,"content":605},{"textAlign":49},[606,608,614,616,622],{"text":607,"type":587},"The European Union (EU) has embarked on an ambitious legislative agenda that aims to foster ",{"text":609,"type":587,"marks":610},"sustainable and secure clean energy supply chain within the bloc",[611],{"type":592,"attrs":612},{"href":613,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://source.benchmarkminerals.com/article/europe-must-face-up-to-supply-chain-challenges-giga-europe-2024-conference-told",{"text":615,"type":587},". The Critical Raw Materials Act (CRMA) sets targets for critical raw material extraction, processing, and recycling, while ",{"text":617,"type":587,"marks":618},"EU Battery Regulations",[619],{"type":592,"attrs":620},{"href":621,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://source.benchmarkminerals.com/article/how-the-lithium-ion-supply-chain-should-prepare-for-the-eu-battery-regulation",{"text":623,"type":587}," set minimum thresholds for recycled content of battery minerals contained within cells sold in the bloc.",{"type":582,"attrs":625,"content":626},{"textAlign":49},[627],{"type":628,"attrs":629},"image",{"id":49,"alt":630,"src":631,"title":49,"source":49,"copyright":49,"meta_data":632},"Stacked area chart showing growing European battery cell production broken down by country","https://a.storyblok.com/f/287943243085208/81d9d3675b/bm-european-countrys-forecast-battery-cell-supply-1.png",{},{"type":582,"attrs":634,"content":635},{"textAlign":49},[636,638,644,646,652],{"text":637,"type":587},"Beyond these legislative targets, panellists discussed how sustainability considerations were driving the direction of investment across ",{"text":639,"type":587,"marks":640},"Europe’s nascent battery supply chain",[641],{"type":592,"attrs":642},{"href":643,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://source.benchmarkminerals.com/article/in-charts-the-state-of-play-in-europes-battery-market",{"text":645,"type":587},". According to the ",{"text":647,"type":587,"marks":648},"Benchmark Lithium ion Battery Forecast",[649],{"type":592,"attrs":650},{"href":651,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://www.benchmarkminerals.com/forecasts/lithium-ion-batteries/reports/",{"text":653,"type":587},", Europe’s battery cell production is set to increase at compound annual growth rate (CAGR) of 48% out to 2030, as the EU scales capacity to meet its clean energy targets.",{"type":655,"attrs":656,"content":658},"heading",{"level":657,"textAlign":49},4,[659],{"text":660,"type":587},"Energy-mix underpins battery investments ",{"type":582,"attrs":662,"content":663},{"textAlign":49},[664],{"text":665,"type":587},"Panellists agreed that geography played a determining role in the location of battery gigafactories and their corresponding supply chains, particularly in relation to the availability of renewable energy resources.",{"type":582,"attrs":667,"content":668},{"textAlign":49},[669],{"text":670,"type":587},"“Many underestimate the role that location plays in your energy consumption,” said Andreas Morrier, Chief Operating Officer of Morrow Batteries. “Cell production is 50% of the carbon footprint of the battery. Cells have to be produced sustainably, and we want to move production to a location where there is emission-free energy.”",{"type":582,"attrs":672,"content":673},{"textAlign":49},[674],{"text":675,"type":587,"marks":676},"Watch the Building and Operating Sustainable Gigafactories panel from Giga Europe 2024.",[677],{"type":678},"italic",{"type":582,"attrs":680,"content":681},{"textAlign":49},[682,686,693],{"text":683,"type":587,"marks":684},"Watch other presentations from the event ",[685],{"type":678},{"text":687,"type":587,"marks":688},"here",[689,692],{"type":592,"attrs":690},{"href":691,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://source.benchmarkminerals.com/downloads/presentations",{"type":678},{"text":694,"type":587,"marks":695},".",[696],{"type":678},{"type":582,"attrs":698,"content":699},{"textAlign":49},[700],{"text":701,"type":587},"Morrow Batteries is building a 43 gigawatt hours capacity plant in Arendal, Norway, where the grid is composed almost exclusively of hydropower. Morrier suggested that Norway’s cold environment had other benefits too, from less energy-intensive water cooling to improved operating conditions for the plant’s dry room.",{"type":582,"attrs":703,"content":704},{"textAlign":49},[705,707,712,714,720,722,728],{"text":706,"type":587},"Panellists noted that Nordic countries were benefitting from a host of battery value chain investments due to the region’s abundance of raw materials and access to cheap, renewable energy. Benchmark data shows that Nordic countries are set to account for 12% of Europe’s ",{"text":708,"type":587,"marks":709},"cell production",[710],{"type":592,"attrs":711},{"href":651,"uuid":49,"anchor":49,"target":49,"linktype":595},{"text":713,"type":587},", 18% of ",{"text":715,"type":587,"marks":716},"cathode production",[717],{"type":592,"attrs":718},{"href":719,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://www.benchmarkminerals.com/forecasts/cathode/reports/",{"text":721,"type":587},", and 88% ",{"text":723,"type":587,"marks":724},"anode production",[725],{"type":592,"attrs":726},{"href":727,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://www.benchmarkminerals.com/forecasts/anode/reports/",{"text":729,"type":587}," by 2030.",{"type":582,"attrs":731,"content":732},{"textAlign":49},[733],{"text":734,"type":587},"“The energy mix is key for the location,” said Fredrik Agelén, Chief Program Manager at Volvo Group. ",{"type":655,"attrs":736,"content":737},{"level":657,"textAlign":49},[738],{"text":739,"type":587},"Gigafactories draw on existing infrastructure",{"type":582,"attrs":741,"content":742},{"textAlign":49},[743],{"text":744,"type":587},"Industrial legacies were another crucial factor shaping Europe’s evolving battery supply chain, according to the panellists, drawing on existing infrastructure and skills of local communities. ",{"type":582,"attrs":746,"content":747},{"textAlign":49},[748],{"text":749,"type":587},"Philippe Chain, Co-Founder and Chief Customer Officer at Verkor, stressed the importance of reindustrialising Europe by developing localised supply chain ‘clusters.’ He noted that investment was being attracted to Northern France from across the value chain due to the region’s large existing industrial base.",{"type":582,"attrs":751,"content":752},{"textAlign":49},[753],{"text":754,"type":587},"“It is important to expand across the entire value chain, and a good way to do this is to localise the supply chain,” Chain said. “Doing so would cut down on transportation emissions but also allows the entire supply chain to harness the same clean energy.”",{"type":582,"attrs":756,"content":757},{"textAlign":49},[758],{"text":759,"type":587},"As part of the re-industrialisation process, panellists emphasised the importance of retraining workers with the necessary skills to operate in the battery value chain. Chain said that Verkor was creating a ‘battery school’ in Dunkirk, France, to provide a large array of education programmes across the entire supply chain.",{"type":582,"attrs":761,"content":762},{"textAlign":49},[763],{"text":764,"type":587},"“We have a lot of existing competencies in Europe. We just need that extra 10-20% to top it up,” agreed Agelén. “There is already a solid foundation in Europe.” ",{"type":655,"attrs":766,"content":767},{"level":657,"textAlign":49},[768],{"text":769,"type":587},"Balancing cost competitiveness and sustainability ",{"type":582,"attrs":771,"content":772},{"textAlign":49},[773],{"text":774,"type":587},"The panellists underscored the need for cost competitiveness while maintaining sustainability. Achieving this balance involves investing in manufacturing efficiency and securing locally sourced raw materials.",{"type":582,"attrs":776,"content":777},{"textAlign":49},[778],{"text":779,"type":587},"“Cost competitiveness of the industry in Europe is important for the sustainability of the industry,” said Morrier. “If it’s not profitable it won’t be sustainable from a financial perspective.”",{"type":582,"attrs":781,"content":782},{"textAlign":49},[783,785,791,793,799,801,807],{"text":784,"type":587},"A key challenge identified was the kickstarting recycling capacity in the region. Although Europe’s ",{"text":786,"type":587,"marks":787},"battery recycling pipeline has been boosted by 28%",[788],{"type":592,"attrs":789},{"href":790,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://source.benchmarkminerals.com/article/crma-boosts-eus-2030-battery-recycling-pipeline-by-28",{"text":792,"type":587}," since the announcement of the CRMA, according to ",{"text":794,"type":587,"marks":795},"Benchmark’s Recycling Forecast",[796],{"type":592,"attrs":797},{"href":798,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://www.benchmarkminerals.com/forecasts/recycling/reports/",{"text":800,"type":587},", capacity ",{"text":802,"type":587,"marks":803},"remains well below the CRMA’s 25% recycling target by 2030",[804],{"type":592,"attrs":805},{"href":806,"uuid":49,"anchor":49,"target":49,"linktype":595},"https://source.benchmarkminerals.com/article/is-europe-ambitious-enough-on-recycling",{"text":597,"type":587},{"type":582,"attrs":809,"content":810},{"textAlign":49},[811],{"type":628,"attrs":812},{"id":49,"alt":813,"src":814,"title":49,"source":49,"copyright":49,"meta_data":815},"","https://a.storyblok.com/f/287943243085208/b1d3b83e9b/bm-eus-post-crma.png",{},{"type":582,"attrs":817,"content":818},{"textAlign":49},[819],{"text":820,"type":587},"“The big challenge we face now is speed. We need to build up this capacity in Europe,” said Veron. “Scrap is going to be important at the beginning. End of life is later down the line.” ",{"type":582,"attrs":822,"content":823},{"textAlign":49},[824],{"text":825,"type":587},"More support was needed from governments to safeguard the competitiveness of producers adopting sustainable practices, suggested the panel. Compared to the EU’s regulatory approach, the US Inflation Reduction Act (IRA) provides economic incentives to support such sustainable practices.",{"type":582,"attrs":827,"content":828},{"textAlign":49},[829],{"text":830,"type":587},"“Governments need to find a price tag for sustainability,” added Morrier. “At the moment sustainability comes at a premium in Europe.”","European gigafactories must distinguish themselves from Asian counterparts by embedding sustainability into their supply chains and production processes, according to panellists at last week’s Benchmark Giga Europe 2024 conference in Stockholm, Sweden. “We need to differentiate ourselves from the competition in Asia,” said Vincent Veron, Head of Transition Minerals, Metals, and Batteries at BNP Paribas. […]",[833],{"slug":570,"name":571,"content":834},{"job_title":573,"image":835,"bio":576,"linkedin":577},{"filename":575},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"07b53ba6-d72d-4574-a5e0-2c36aa1dc278\", \"id\": \"\"}-->","article",[839,842,845],{"slug":840,"name":841},"batteries","Batteries",{"slug":843,"name":844},"gigafactories","Battery & Gigafactory",{"slug":846,"name":847},"sustainability","Sustainability","private",{"id":49,"alt":813,"name":813,"focus":813,"title":813,"source":813,"filename":850,"copyright":813,"fieldtype":851,"meta_data":852,"is_external_url":51},"https://a.storyblok.com/f/287943243085208/2c24b5b4b3/bm-giga-europe-sustainable-gigas.jpeg","asset",{"alt":813,"title":813,"source":813,"copyright":813},"Mar 21, 2024","21st March 2024",[],[],1792773903663]