By 2030, the global supply of utility-scale battery storage from second-life electric vehicle batteries is expected to reach 112 gigawatt hours. According to a study published by McKinsey & Company there will be a strong supply of degraded lithium-ion EV batteries which will have to be discarded as they will no longer meet automotive performance standards. This supply could, however, be exploited for less-demanding applications, such as energy storage services for better integration of renewables into electricity grids.
Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030
(in gigawatt hours per year)
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McKinsey & Company. (April 15, 2019). Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030 (in gigawatt hours per year) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/
McKinsey & Company. "Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030 (in gigawatt hours per year)." Chart. April 15, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/
McKinsey & Company. (2019). Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030 (in gigawatt hours per year). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/
McKinsey & Company. "Projected Utility-scale Battery Storage Supply from Second-life Batteries Worldwide between 2020 and 2030 (in Gigawatt Hours per Year)." Statista, Statista Inc., 15 Apr 2019, https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/
McKinsey & Company, Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030 (in gigawatt hours per year) Statista, https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/ (last visited December 21, 2024)
Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030 (in gigawatt hours per year) [Graph], McKinsey & Company, April 15, 2019. [Online]. Available: https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/
