Objective
Lead Acid Batteries (LABs) are a vital and widely-used technology. The global LAB market is expected to grow by 59% to €71.6 billion by 2022 with Europe accounting for the second largest market share.
Waste LAB recycling rates are as high as 95% in Europe, but the current recycling process – smelting waste LABs in a
furnace – consumes vast quantities of energy, is highly polluting, wasteful, large scale and expensive. Furthermore, smelted
lead must be further processed to produce the essential LAB ingredient: the active lead oxide paste.
A new lead recycling process is needed that is energy efficient, non-polluting, low cost, scalable and produces LAB-ready
lead products. Such process would meet EC priorities by addressing resource efficiency, the sustainable supply of raw
materials and drive the circular economy.
AEL has developed a novel hydrometallurgical process technology to recycle waste LABs in a highly energy efficient, non-polluting and cost effective way. NUOVOpb’s commercial appeal lies in its low cost and scalability, and our ground-breaking ability to produce LAB-ready products that exceed the performance of current products on the market. Our LAB-ready paste can create new LABs with 22% greater energy capacity and 50% longer life.
The technology has the potential to transform the global battery recycling industry, which has an expected value of €9.5 billion in 2024.
5 years post project, we expect to be operating 18 NUOVOpb facilities across the world. These will be processing 490,000
tonnes of waste LABs (6% of the global waste LAB market) and avoiding 196,000 tonnes CO2 emissions every year. In doing so, AEL will secure annual revenues of €206 million, profits of €54 million, and will have created 200 jobs within AEL.
NUOVOpb is the most complete closed-loop recycling system in the world, providing significant commercial opportunities for businesses in both the LAB recycling and LAB manufacturing supply chain, globally.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering waste management waste treatment processes recycling
- natural sciences chemical sciences electrochemistry electric batteries
- natural sciences chemical sciences inorganic chemistry alkali metals
- engineering and technology environmental engineering energy and fuels
- social sciences economics and business economics sustainable economy
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.5. - SOCIETAL CHALLENGES - Climate action, Environment, Resource Efficiency and Raw Materials
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
B13 8PY BIRMINGHAM
United Kingdom
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.