New initiative strengthens Sweden as a battery nation
The Industrial Leap granted SEK 82 million to Talga for a demonstration facility and studies ahead of an anode factory investment. The project strengthens Europe’s battery value chain.
Batteries are needed both for the electrification of the transport sector and for energy storage in the power system. Most batteries are currently manufactured in Asia, and in an uncertain global environment, the reliance on imports must be reduced. Europe is therefore investing in building a strong, independent battery value chain.
"Sweden is one of the European countries best positioned for sustainable battery production. Our fossil-free electricity mix and strong research environment are two key factors. But to succeed, investments are needed across the entire value chain," says Peter Engdahl, Head of the department for Innovations, research and development at the Swedish Energy Agency.
Graphite – a key material in battery manufacturing
The graphite that Talga aims to produce is considered a key material in battery manufacturing. The Swedish Energy Agency also sees that the project could contribute new knowledge to the battery value chain.
"The project can support the climate transition through a circular supply chain for the production of low-carbon, high-purity anode material from both natural and recycled graphite," says Maria Nyquist, project officer at the Swedish Energy Agency.
The industrial leap
To support the transition, the Swedish government has launched the long-term initiative the industrial leap. Under the industrial leap, funding is provided for feasibility studies, research, pilot and demonstration projects, and investments in various areas.
