What are the economic benefits of Cascade utilization of retired power batteries?

This study analyzes the economic benefits of cascade utilization of retired power batteries, focusing on two key applications: grid energy storage and China Tower base stations. Currently, these account for 31 % and 52 % of second-life battery use, respectively, with a smaller portion used in low-speed EVs (Hu et al., 2021).

Are Cascade utilization technologies of spent power batteries sustainable?

And it is an industry consensus to promote the sustainable development of the cascade utilization industry of spent power batteries. In this work, the cascade utilization technologies of spent power battery in the field of energy storage are systematically described.

Why is a cascade utilization model important for power batteries?

For the government, constructing a cascade utilization model for power batteries under EPR regulations enhances its understanding of relevant supply chain information. It enables the government to adjust policies from economic and environmental perspectives, thereby maximizing overall social welfare.

Should energy storage cascade use retired power batteries?

Therefore, choosing energy stor-age to cascade utilize retired power batteries not only provides a large-scale and low-cost source of batteries for energy storage but also holds important significance for establishing an electricity market system that adapts to the new power system.

Are enterprises involved in the Cascade utilization of power batteries?

Our study focuses on enterprises involved in the cascade utilization of power batteries, examining the timing and pros and cons of government EPR policy implementation, as well as optimal pricing decisions for supply chain members. The findings provide valuable insights for the operations of relevant enterprises and government regulatory design.

Can scrapped power batteries be used in Cascade utilization scenarios?

Therefore, research on scrapped power batteries should enable the regrouping battery packs to be directly applied to cascade utilization scenarios, and effective methods should be proposed to efficiently cluster and regroup large-scale spent power batteries in the future .