CEOs Visit DOE National Laboratory to Review Collaborative Research Project
WASHINGTON, December 11, 2019 – A three-year scientific research project currently underway at the U.S. Department of Energy’s (DOE) Argonne National Laboratory is showing promising results to unlock the untapped potential of lead batteries. Lead batteries currently supply over 70% of the world’s rechargeable battery energy needs. Yet, possibilities exist to expand their performance to meet growing energy storage and transportation demands.
The project is funded by a joint industry CRADA (Cooperative Research and Development Agreement) comprised of more than 90% of the U.S. lead battery industry. They are working with Argonne scientists to study lead and its unrealized potential for batteries, which can be employed for both transportation and the nation’s energy infrastructure.
The CRADA is part of the ongoing research and development by the lead battery and recycling industry, which spent more than $100 million in battery R&D in 2018, supports nearly 25,000 U.S. manufacturing jobs, and generates $26.3 billion in economic output. Continue Reading →