INTRODUCTION

Li – ion batteries are widely used in consumer electronics and also considered as a vital source of dc
supply in EV vehicles due to its various promising features such as high-power handling capabilities,
large storage capacities, durability, environmental favorable characteristics and long-life span.
[CITATION Lan13 \l 1033 ] Nowadays, Li – ion batteries are leading the competition due to their
suitable power storage capacities for the EV vehicle and renewable energy as they possess high
power and energy densities compared to other electrochemical batteries. [CITATION ASt14 \l 1033 ]

As Li – ion batteries are a complex design product with several variations, therefore it is not a simple
task to recycle these batteries, although various methods exist with their own pros and cons,
however it is difficult to recycle them.[ CITATION Lin18 \l 1033 ] Li – ion batteries are composed of
several materials which make their recycle process more problematic as these materials will be
separated in a recycle process and also if compared with other batteries, Li – ion batteries consist of
more no. of cells (which reach around 5000 numbers in EV vehicles (Tesla) batteries. [ CITATION
Lin14 \l 1033 ] Apart from the complex physical construction dismantling, the recovery process of
different compounds and elements is also inefficient and it takes time and cost along with associated
risks of material losses as well. [CITATION OAM19 \l 1033 ]

Although the recycling processes like Pyrometallurgical recovery, Hydrometallurgical metal

treatments, Bioleaching, Material separation and Direct recycling are much more challenging but it is
more suitable to make a reuse of these Li-ion batteries as they demand increases day by day and
they could play a vital role in implementing green environment initiatives. [CITATION GHa19 \l 1033 ]
Therefore, the main problem is to propose a simplified way of the reuse of these Li – ion batteries.

As we have discussed earlier, due to higher power and energy densities and a long-life span, these Li
–ion batteries are dominating in DC power storage competition. Due to highly sustainable
characteristics, promising to environment safety and storage capacity make it suitable to use in
renewable energy sector. [ CITATION BDi15 \l 1033 ] This report is mainly based upon the idea of
reutilisation of these Li – ion batteries completed their life in EV vehicles, with renewable energy
sources as power storage facility to utilise their potential upto best level. This method will eliminate
the time-consuming recycling process, make significant cost savings and remove ecotoxic waste
disposal.

The main idea is to connect the EV used Li – ion batteries along with a wind turbine- based power
grid to store the power generated by the wind mill and then storage capacity could be used either as
a backup supply in case of grid supply failure or transfer to the grid as well, according to a power
sharing / purchasing agreement between consumers and utility companies. It could be a big
opportunity in this era, as the world is becoming more sensitive to environment safety and the trend
is of using renewable energy to power society that increases day by day.
PROBLEM STATEMENT

“To Develop Simplified, efficient and manageable solution to reutilise the potential of EV drained
Li – ion batteries for power storage provisions.”

 Costed Model
The minimum investment of wind power plant is considered $ 1.3 M. Revenue, Expenditures
and net income are forecasted for 5 years.

Year Targeted orders Revenue $

2021 5 6.5 M
2022 12 15.6 M
2023 20 26 M
2024 25 32.5 M
2025 35 45.5 M

Expanses 2021 2022 2023 2024 2025

Marketing 100,000 300,000 400,000 900,000 1,000,000

Procurement 2,000,000 6,000,000 8,500,000 10,000,00 15,000,000
0

Transportation 300,000 800,000 1,100,000 1,500,000 2,000,000

Installation 900,000 1,300,000 2,000,000 2,500,000 3,000,000
Commissionin 200,000 250,000 350,000 400,000 450,000
g
Total 3,600,000 8,650,000 12,350,000 15,300,00 24,050,000
0

Revenue 6,500,000 15,600,000 26,000,000 32,500,00 45,500,000

0

Profit 2,900,000 6,950,000 13,650,000 17,200,00 21,450,000

0
Tax (22%) 638,000 1,529,000 3,003,000 3,784,000 4,719,000

Net Profit 2,262,000 5,421,000 10,647,000 13,416,00 16,731,000

0
REFERENCES
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B. Diouf, R. P., 2015. Potential of Lithium batteries in renewable energy. Renewable Energy, Volume
76, pp. 375-380.

G. Harper, R. S. e. a., 2019. Recycling lithium-ion batteries from electric vehicles. Nature, Volume
575, pp. 75-86.

Gaines, L., 2014. The future of Lithium ion battery recycling: Charting a sustainable course.
Sustainable Materials and Technologies, Volume 1-2, pp. 2-7.

Gaines, L., 2018. Lithium-ion battery recycling processes: Research towards a sustainable course.
Sustainable Materials and Technologies, Volume 17, p. 11.

Languang Lu, X. H. e. a., 2013. A review on the key issues for lithium-ion battery management in
electric vehicles. Journal of Power Resources, Volume 226, pp. 272-288.

O. A. Martinez, J. V. e. a., 2019. A Critical Review of Lithium-Ion Battery Recycling Processes from a
Circular Economy Perspective. Batteries, 5(68), p. 33.