Objectif 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 afurnace – consumes vast quantities of energy, is highly polluting, wasteful, large scale and expensive. Furthermore, smeltedlead 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-readylead products. Such process would meet EC priorities by addressing resource efficiency, the sustainable supply of rawmaterials 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 490,000tonnes 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. Champ scientifique engineering and technologyenvironmental engineeringwaste managementwaste treatment processesrecyclingnatural scienceschemical scienceselectrochemistryelectric batteriesnatural scienceschemical sciencesinorganic chemistryalkali metalsengineering and technologyenvironmental engineeringenergy and fuelssocial scienceseconomics and businesseconomicssustainable economy Programme(s) H2020-EU.3.5. - SOCIETAL CHALLENGES - Climate action, Environment, Resource Efficiency and Raw Materials Main Programme H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Thème(s) SMEInst-11-2016-2017 - Boosting the potential of small businesses in the areas of climate action, environment, resource efficiency and raw materials Appel à propositions H2020-SMEInst-2016-2017 Voir d’autres projets de cet appel Sous appel H2020-SMEINST-2-2016-2017 Régime de financement SME-2 - SME instrument phase 2 Coordinateur AURELIUS ENVIRONMENTAL LTD Contribution nette de l'UE € 1 304 100,00 Adresse INGLESIDE 233 ALCESTER ROAD B13 8PY BIRMINGHAM Royaume-Uni Voir sur la carte PME L’entreprise s’est définie comme une PME (petite et moyenne entreprise) au moment de la signature de la convention de subvention. Oui Région West Midlands (England) West Midlands Birmingham Type d’activité Private for-profit entities (excluding Higher or Secondary Education Establishments) Liens Contacter l’organisation Opens in new window Participation aux programmes de R&I de l'UE Opens in new window Réseau de collaboration HORIZON Opens in new window Coût total € 1 863 000,00