Guest: Tom Einar Jensen | CEO | Freyr Battery
Category: ☁️ Carbon | Batteries
Podcast’s Essential Bites:
[2:34] TJ: "Batteries, and lithium ion batteries [...] in particular, [are] becoming the core enabler in our opinion for the energy transition that we are in. That means that having lithium ion batteries produced in the least carbon intensive manner is possible to both decarbonize the transportation sector, [...] but that also [...] as a core enabler for decarbonizing energy systems. [...] What we mean by clean battery solutions [...] is that the batteries themselves need to be produced in the cleanest manner possible, meaning lowest possible carbon footprint along the entire value chain of producing the battery."
[4:35] TJ: "It's not sufficient to decarbonize the transportation sector, you also need to decarbonize the energy going into the transportation sector. And that's why when you move to a rechargeable solution, [...] that energy needs to be clean. [...] We need to triple electricity production [...] over the next coming decades to satisfy the energy transition. That electricity increase requires then a 20 fold or more of renewable energy production relative to where we are today. [...] You're going to need batteries to store sunlight when the sun isn't shining and store wind when the wind isn't blowing. But on top of this, you need a lot of additional services, frequency regulation, peak shaving, all of these different things that batteries can provide, to provide what I label stress relief for grids that aren't designed for intermittent energy."
[7:47] TJ: "By just using renewable energy in the production of the batteries we aim to produce, we will reduce the carbon footprint by 30 to 40% compared to global averages. What we're going to do on top of this is that over time, we will [...] regionalize [...] and decarbonize the larger parts of the supply chain going into the production of the batteries. Today, most of the [...] key ingredients in producing a battery [...] are produced in Asia, and most of it uses non-renewable energy as the energy carrier when producing it."
[8:57] JT: "Our ambition is to reduce the CO2 footprint, initially by 80%, relative to global averages, that means 60 kilograms of CO2 per kilowatt hour battery produced. [...] Ultimately, we want to get to zero, and not net zero, but absolute zero, so that there is absolutely no CO2 emissions along the entire value chain of producing the batteries.[...] In the sort of 2030 timeframe, we should [...] have created fully circular, fully decarbonized, fully recyclable value chains for clean battery solutions."