FundOpp DE-FOA-0003433.pdf
Posted: Sept. 20, 2024
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Overview
Related Opportunity
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Summary
This notice of intent (NOI) is issued by the Office of Energy Efficiency and Renewable Energy (EERE) regarding the forthcoming funding opportunity announcement (FOA) DE-FOA-0003434 under the Bipartisan Infrastructure Law (BIL).
The anticipated FOA will focus on improving the economics, recovery, reuse, and state of health of electric drive vehicle batteries. This initiative aligns with the Biden administration's goals to achieve carbon pollution-free electricity by 2035 and net-zero emissions economy-wide by 2050, emphasizing the critical role of batteries in decarbonizing the economy and enhancing national competitiveness.
The BIL allocates over $7 billion for investments in the battery supply chain from 2022 to 2026, targeting sustainable sourcing and processing of critical minerals used in battery production, as well as end-of-life battery collection and recycling.
The FOA aims to support projects that foster community engagement, advance diversity and equity, and ensure that 40% of benefits from federal investments flow to disadvantaged communities as part of the Justice40 initiative. Specific areas of interest include improving the economics of recycling lithium iron phosphate-based batteries and enhancing the recovery and reuse of electrolyte components from lithium-ion batteries.
The total funding available for these initiatives may reach up to $70 million, with individual projects expected to demonstrate innovative approaches that meet or exceed performance standards for recycled materials.
The anticipated FOA will focus on improving the economics, recovery, reuse, and state of health of electric drive vehicle batteries. This initiative aligns with the Biden administration's goals to achieve carbon pollution-free electricity by 2035 and net-zero emissions economy-wide by 2050, emphasizing the critical role of batteries in decarbonizing the economy and enhancing national competitiveness.
The BIL allocates over $7 billion for investments in the battery supply chain from 2022 to 2026, targeting sustainable sourcing and processing of critical minerals used in battery production, as well as end-of-life battery collection and recycling.
The FOA aims to support projects that foster community engagement, advance diversity and equity, and ensure that 40% of benefits from federal investments flow to disadvantaged communities as part of the Justice40 initiative. Specific areas of interest include improving the economics of recycling lithium iron phosphate-based batteries and enhancing the recovery and reuse of electrolyte components from lithium-ion batteries.
The total funding available for these initiatives may reach up to $70 million, with individual projects expected to demonstrate innovative approaches that meet or exceed performance standards for recycled materials.
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