How the EU whizzes on batteries with FCA, Enel X and more
All companies that will participate in the second second project of common European interest approved by the Brussels Commission to support research and innovation in the battery sector
Take advantage of the European battery alliance. The EU Commission has approved the second project of common European interest (IPCEI), led by Germany, to support research and innovation in the battery value chain.
3 billion euros of new loans authorized. All the details.
THE NEW (SECOND) PROJECT
The project, approved by the EU, is called "European Battery Innovation" and will cover the entire value chain of batteries, from the extraction of raw materials to design, through the production of battery elements to their recycling and disposal at the 'sign of the circular economy.
THE COUNTRIES INVOLVED
There are 12 countries involved. Germany is the leader , but the project was jointly developed by Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden.
THE NUMBERS OF THE PROJECT
The 12 states, with the authorization of the EU, will be able to release up to 2.9 billion in loans, destined, according to calculations, to free up another 9 billion in private investments.
The project will involve 42 direct participants, including small and medium-sized enterprises and start-ups with activities in one or more Member States. Direct participants will cooperate closely with each other through nearly 300 planned collaborations and with over 150 external partners, such as universities, research organizations and small and medium-sized enterprises across Europe.
COMPANIES INVOLVED
Many Italian companies involved in the second Ipcei.
For materials, Fluorsid, Green Energy Storage, Italmatch Chemical and Solvay are involved; for the cells, Green Energy Storage, Manz, Midac and Fca will participate; for battery systems there will be Endurance, Enel X, Fiamm Ftp Industrial, Green Energy Storage, Manz, Midac and Fca; in recycling and sustainability Enel X, Engitec, Fiamm Italmatch Chemical and Midac.
VESTAGER: ONLY UNITY CAN THE EU WIN BATTERY CHALLENGE
In addition to the Italian contribution, the contribution of other countries will be fundamental.
“For such innovation challenges for the European economy, the risks may be too great for a single Member State or company to tackle alone,” said Competition Commissioner Margrethe Vestager. “So, it makes sense for European governments to come together to support the industry in developing more innovative and sustainable batteries. Today's project is an example of how competition policy works hand in hand with innovation and competitiveness. Allowing breakthrough innovations while ensuring that limited public resources are used to unify private investment and that distortions of competition are minimized ”.
SEFCOVIC: READY TO REVOLUTIONIZE THE MARKET
"With an emphasis on next-generation batteries, this robust pan-European project will help revolutionize the market, as well as improve our strategic autonomy in an area crucial for green transition and long-term European resilience," commented Maroš Šefčovič. vice president of the commission and head of the European Battery Alliance.
“Three years ago – continued Šefčovič – the visibility of the EU battery industry was practically nil. Today Europe is one of the world leaders in the sector, and by 2025 the initiatives of the European Battery Alliance will give life to an efficient industry, capable of powering at least six million electric vehicles a year ”.
THE FIRST IPCEI PROJECT
All the technological innovation that will bring the second project of common interest on batteries will add to that that will bring the first Ipcei project, led by France, which has mobilized 3.2 billion and which involves, in addition to Italy and Germany, also Sweden, Belgium, Finland and Poland, plus 17 industrial groups and 70 research institutes and small and medium-sized companies. The goal is to unlock around 5 billion in private investments. Italy will participate in the project, putting 570 million euros on the plate, and involving companies such as EnelX, Faam, Endurance and Kaitek in the project ( here the in-depth analysis of Start Magazine with all companies ).
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/come-sfreccia-lue-sulle-batterie-con-fca-enel-x-e-non-solo/ on Wed, 27 Jan 2021 09:12:06 +0000.