Second-Life Applications of Electric Vehicle Batteries in Energy Storage
Abstract
This paper reviews the work in the areas of energy and climate implications, grid support, and economic viability associated with the second-life applications of electric vehicle (EV) batteries. The increasing adoption of EVs has raised concerns about the end-of-life management of their batteries. The potential of repurposing these batteries for energy storage offers them a renewed purpose. The research underscores the energy and climate benefits anticipated in the coming decades, the role of these batteries in stabilizing energy grids, and the economic aspects of battery repurposing in energy storage. Together, these areas highlight the multifaceted advantages of giving EV batteries a second life, from environmental benefits to grid stability and economic feasibility.