The development of electromobility and renewable energy sources will make the demand for batteries increase 14 times by 2030 – forecasts the think tank of the European Parliament. That is why the EU institutions want to improve the regulations on batteries.

"The development, production, and use of batteries are key to the EU's transition to a climate-neutral economy, given the important role they play in the implementation of zero-emission mobility and intermittent storage of renewable energy," the report prepared for MEPs indicated.

'Batteries also play a key role in supporting the evolving digital economy and the ever-increasing number of portable electronic devices. This means that we will need more and more batteries and accumulators. 

"World demand for batteries will increase 14 times by 2030," the authors of the study indicate. 

The EU may account for 17 percent of this demand. According to some forecasts, the value of the battery market may reach €250 billion a year by 2025. However, the production, use, and maintenance of used batteries are associated with a number of environmental and social challenges. As the market grows, the importance of environmental and energy efficiency of batteries increases. Batteries contain a variety of materials, such as base metals, critical raw materials, and chemicals, which can cause problems in terms of resource availability, toxicity, safety, production, and recycling, or the effects of disposal. 

(PAP)