NCAC-USAEE – Enabling the Green Energy Transition by Building Localized Battery Supply Chains

Join NCAC-USAEE’s Treasurer, Sree Venkat, and Richard Taylor of Green Lithium to discuss barriers to expanding the adoption of EVs such as security (and ease) of battery supply.

The UK Government’s ban on the sale of new petrol and diesel vehicles from 2030 will be key to achieving climate change targets. Announcing the ban was the easy bit. As with anything worth doing, implementing it and ensuring a smooth transition to low-emission vehicles will require considerable effort. According to the Department for Transport, there were 38.6 million licensed vehicles at the end of March 2021; yet just 239,000 of them were zero-emission battery electric vehicles (EVs). There are a myriad of reasons for this – from charging structure to affordability – but one significant barrier to quickly expanding the adoption of EVs remains security (and ease) of battery supply.

There is still much more needed to help drive the EV revolution forward and, with that, significantly reduce carbon emissions to safeguard our planet. Green Lithium is focused on increasing and diversifying the supply of low-carbon lithium chemicals: a critical component of the batteries that power EVs. At present, there is no large-scale commercial refining capability in Europe. This leaves the continent’s rapidly growing EV and sustainable energy storage sectors wholly reliant on battery-grade lithium chemicals from East Asia, a market which is fast-growing and increasingly consuming its own supply. Green Lithium will advance the UK’s ambition to be at the forefront of the electric revolution, and build a greener and more sustainable future.

Richard Taylor is founding director of Green Lithium, a lithium chemicals company with plans to build and operate the first large-scale commercial lithium refinery and battery recycling plant in the UK. He is passionate about enabling our planets transition to sustainable energy and the current opportunity to develop commercially viable, localized, low – carbon supply chains within the UK and EU to support this. Richard is a thought leader and spoke at CO26 and Davos World Economic Forum on what issues, innovation, and opportunities the transition to net-zero presents. Richard is an experienced Managing Director with a demonstrated history of working in the Green Energy, Renewables and Natural Resources industry built over a 10-year career with roles at Petrofac, Maersk Oil and Deloitte. Skilled in Corporate Governance, Lithium, Sustainability, and Mineral Processing. He graduated from the University of Leeds in Geological Sciences and then The Chartered Institute for Securities & Investment


Mar 16 2022


11:00 AM - 12:00 PM

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National Capital Area Chapter of the United States Association for Energy Economics (NCAC-USAEE)
National Capital Area Chapter of the United States Association for Energy Economics (NCAC-USAEE)

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