The new EU Battery regulation has implications for nickel producers both inside and outside Europe. If they are supplying material to the EU battery chain destined for the European market all producers need to comply with the new rules.
Batteries, notably those used in electric vehicles, play an essential role in the plans of the European Commission to deliver the EU Green Deal. They are considered as a critical and strategic technology to achieve Europe´s ambitious climate change mitigation targets and to move towards green and sustainable mobility.
Even small quantities of nickel in an application can make a big difference to successful deployment.
Nickel-based alloys and nickel-containing stainless are playing key roles in an emerging source of renewable energy known as thermal solar plants or concentrated solar power (CSP). Their use has enabled the industry to overcome challenges in heat transfer and thermal storage technology.
Should we be worried about there being enough nickel to supply the transition to electric vehicles and cleaner energy sources? Given its wide range of uses in important existing and emerging technologies, this is a frequently asked question.