Nuvation CEO to speak at 2nd Life EV Battery Conference

By Joseph Xavier | May 5, 2017

Nissan-Rack_200X300.pngNAATBatt International will host a workshop on Thursday, May 11, 2017, at the University of Michigan in Ann Arbor on purposing and reusing electric vehicle (EV) batteries. Nuvation CEO Michael Worry will talk about Nuvation Energy’s experience repurposing Nissan Leaf battery packs for use in behind-the-meter applications for demand charge management in commercial facilities.

Repurposing and reusing EV batteries in non-vehicle, energy storage applications is a growing practice. Several factors drive this trend. The increasing sophistication, growing volumes, and rapidly falling prices of EV batteries make them increasingly competitive in non-vehicle battery applications.

Also, as electric vehicles are retired from service in the ordinary course, their batteries contain substantial remaining energy storage capacity. Analysts estimate that these used EV batteries will collectively represent several gigawatts of energy storage capacity by the early 2020’s. Many companies believe that they can redeploy these batteries in other, “second life” applications at relatively low cost.