May 16, 2020

New report shows British businesses support planned energy changes

Business
Manufacturing
Energy
Energy
Nell Walker
2 min
New report shows British businesses support planned energy changes

Over half (51%) of those surveyed believe that backdating compensation will help businesses stay competitive
This is despite the fact that nearly thr...
  • Over half (51%) of those surveyed believe that backdating compensation will help businesses stay competitive
  • This is despite the fact that nearly three quarters (74%) of the respondents were unaware of the upcoming consultation
  • Businesses are keen to get involved with half of all respondents saying that they would like to take part

 

New research from npower Business Solutions has revealed that many British businesses believe upcoming changes to energy legislation will have a positive impact.

As part of its wider Comprehensive Spending Review in November 2015, the Government announced its intention to replace the existing compensation arrangements for RO/FiT with an exemption scheme. A consultation on this proposal is expected in the coming month.

There seemed to be clear support for the move towards exemption and backdating compensation. Over half of those we surveyed (51%), regardless of whether or not they were eligible, believe that backdating compensation will help businesses stay competitive.

There was also considerable interest in the upcoming consultation, with half of all respondents saying that they would like to take part, and should have their say given the potential implication of the changes upon their businesses.

When asked if they were aware of the proposed changes to RO and FiT, 54% of manufacturers highlighted that they had no knowledge of Government plans. This lack of awareness was shared by the retail sector, despite the potential financial implications. Over six in ten retailers (64%) also said that they were unaware of the changes.

David Reed, Head of npower Business Solutions said:The proposed exemption would represent good news for the businesses and sectors which are eligible. Making regulatory processes more transparent and more straightforward would reduce the burden on businesses and would provide them with greater clarity about their finances.

“A majority of retailers and manufacturers we spoke to were not aware of the upcoming consultation. That’s why we’re working with the Government to host a round table event, to explain these upcoming changes to businesses and discuss the proposed benefits.

“In addition, much of the detail is still to be confirmed and so we hope that the policy will be executed in a proportionate way, with the Government being mindful of the potential distributive impact. We would encourage all businesses to take part in the consultation and to make sure they receive all the support that they are eligible for.”

 

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May 12, 2021

Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing

SustainableManufacturing
BatteryCell
EVs
Automotive
2 min
Ultium Cells LLC and Li-Cycle join forces to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing

Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing

 

What is Ultium Cells LLC?

Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”

Who is Li-Cycle?

Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.

As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”

Why are Ultium Cells LLC and Li-Cycle join forces?

By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.

“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).

"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.

"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.

Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.

"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.

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