NREL/CCSE PEV Battery Second Use Project (Presentation)
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This presentation describes the Battery Second Use Project. Preliminary analysis results show (1) the impact of competing technologies, (2) potential revenue generation, and (3) supply and demand of the second use of plug-in electric vehicle batteries. The impact of competing technologies are: maximum salve value of a used battery will be limited by future battery prices, under favorable conditions, second use can only discount today's battery prices by 12% or less, however, second use will offer batteries to second applications at reduced cost (typically < $170/kWh). Revenue streams are highly variable, allowable battery costs are highly sensitive to balance-of-system costs, and batteries need to be very cheap for these applications to be viable. Supply and demand show that high-value applications have both competition and small markets, and supply from plug-in electric vehicles has the potential to overwhelm many second use markets.