Unlocking the Value of the EU Battery Passport – new study

Nov 5, 2024Energy

We are proud to share that the Battery Pass consortium has published “Unlocking the Value of the EU Battery Passport”, which highlights the critical role of battery passports in driving sustainability, efficiency and competitiveness across the battery value chain.

The study was first released in April and has been updated with new insights and practical recommendations for businesses and policymakers alike, detailing how battery passports provide clear benefits – from improved recycling efficiency and reduced costs, to increased transparency and sustainability. However, it also calls attention to two primary challenges: the substantial implementation efforts required (particularly for SMEs) and remaining regulatory uncertainties around data standardisation.

Battery Pass presents practical next steps for businesses and policymakers to fully capture the strategic value of battery passports. In addition, the study includes separate analyses for industrial batteries and light-means-of-transport (LMT) batteries, offering tailored insights for these sectors.

Key Findings:

  • For businesses: Battery passports can offer cost savings (reducing testing costs by up to 10% and recycling costs by 10-20%) and open up new opportunities in green markets. The study outlines practical steps for businesses to get ahead by assessing implementation requirements and identifying strategic advantages.
  • For policymakers: To maximise the value and reduce uncertainty of battery passports, policymakers should swiftly resolve regulatory gaps, expand use cases by enabling B2B applications, and provide targeted support to ease implementation, especially for SMEs.
  • Societal impact: Beyond industry benefits, battery passports can support the EU’s climate goals, fostering responsible supply chains, creating green jobs, and promoting economic resilience.

FIWARE is proud to contribute its broad experience in creating and operating complex digital platforms using standard APIs and data models for interoperability. Active development to data space initiatives such as Battery Pass have added deep know-how about decentral IT architectures and access control technologies. As one of the Consortium Partners FIWARE is also realising a physical demonstrator, including a starter pack for economic operators to support spreading the Battery Pass project results to the battery world.

For the full findings and actionable recommendations, download the “Unlocking the Value of the EU Battery Passport” here: https://thebatterypass.eu/resources/#valueassessment

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