The demand for lithium ion batteries is rocketing. They are used in everything from mobile phones and laptops to electric cars and Tesla Powerwalls.
Data source: Bloomberg.
Energy dense lithium batteries are proving an invaluable technology in fighting our dependence on fossil fuels. They can help to decarbonise transport and store renewable energy from solar and wind. That’s one of the reasons the 2019 Nobel Prize in Chemistry was awarded to the developers of the lithium ion battery.
But with a predicted 9,300GWh of Li-ion battery capacity by 2030, what will happen to all these devices at the end of their useful lifespan?