Market forecasts, applications, the current regulatory framework, state-of-the-art SLB technologies, the value chain, and a benchmark analysis of the main SLB players are illustrated and discussed,.
Several European vehicle manufacturers, especially the leading players in the EV market, have introduced second-life battery alternatives in a variety of energy storage applications, from small-scale home energy storage to containerized SLB solutions in distributed energy systems .
With the high demand for clean and affordable energy, an effective storage means is crucial. An immediate benefit of implementing repurposing initiatives for second-life batteries is a reduction in energy storage costs, and indirectly, the demand for newly manufactured storage units would decrease; thus, making the overall use of energy cleaner.
The efficient modelling of complete life cycle assessment of second-life batteries in energy storage systems also plays an important role in optimal utilization of second-life batteries in stationary applications hence it is an inevitable part of battery second-life degradation studies.
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Sanghai B et al (2019) Refurbished and repower: second life of batteries from electric vehicles for stationary application. Pune: SAE Technical Paper Jiao N, Evans S (2016) Market diffusion of second-life electric vehicle batteries: barriers and enablers. World Electric Vehicle J 8 (3):599–608
Categorization and summarization of the second-life batteries aspects. A primary advantage of SLBs is their cost-effectiveness. They present a low-cost alternative (relative to new batteries) to applications that demand lower battery usage, such as home energy storage, backup systems, and microgrids.
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