# Why building new products for a circular economy is essential if we are to preserve the Earth’s finite resources
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-07-14
Category: BUSINESS
Category URL: https://financedigest.com/category/business
Meta Title: The Circular Economy: Turning Battery Waste into Renewable
Meta Description: Learn from Aceleron's CTO about the importance of recycling batteries to reduce environmental harm and support a sustainable future.
URL: https://financedigest.com/why-building-new-products-for-a-circular-economy-is-essential-if-we-are-to-preserve-the-earths-finite-resourceshtml

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_By_ **_Carlton Cummins,_** _CTO and co-founder of cleantech firm Aceleron explains, using battery waste as an example._

From record breaking heat waves in India to flood warnings in Australia and droughts in Italy, the impact of the climate emergency is being felt across the globe, so the transition away from fossil fuels towards clean energy is absolutely critical.

Across the world, there are therefore a lot of intelligent people applying their skills and knowledge to producing a viable clean energy infrastructure that will stand the test of time. As this gathers momentum, we must not [lose sight](https://www.financedigest.com/soccer-jittery-arsenal-losing-their-grip-with-summit-in-sight.html "Soccer-Jittery Arsenal losing their grip with summit in sight") of the importance of the circular economy in all new product innovation – or risk running out of resources that can no longer be replaced.

**What is the circular economy?**

Put simply, the circular [economy is about creating things today](https://www.financedigest.com/planning-to-move-to-the-low-carbon-economy-how-banks-can-plan-today-for-new-stress-tests-arriving-soon-2.html "Planning to move to the low carbon economy: How Banks can plan today for new stress tests arriving soon") that will still have use in the future in one capacity or another. It is a [way of producing products](https://www.financedigest.com/5-ways-to-sustain-productivity-when-the-clocks-go-back.html "5 ways to sustain productivity when the clocks go back") that can be shared, reused, repaired, repurposed and recycled for as long as possible.

Unfortunately, we are still producing things that are built to be disposed of (from single use plastic to batteries) even though we know that we live on an Earth with limited resources. So now the [challenge is to create things](https://www.financedigest.com/three-things-to-ask-your-management-team-and-accounts-payable-vendor-to-overcome-your-ap-challenges.html "Three things to ask your management team and accounts payable vendor to overcome your AP challenges") that can be used – and then reused, giving the materials a second, third and even fourth life purpose.

**Batteries as an example**

With the increased number of [electric vehicles](https://www.financedigest.com/bmw-invests-1-7-billion-to-build-electric-vehicles-in-u-s.html "BMW invests .7 billion to build electric vehicles in U.S") being built, battery waste is of serious concern – and not really being considered enough. According to the [University of Warwick](https://warwick.ac.uk/fac/sci/wmg/business/transportelec/22350m_wmg_battery_recycling_report_v7.pdf), 339,000 tonnes of batteries are expected to reach end of life by 2040, which is a colossal amount.

On another level, larger scale energy [storage](https://www.financedigest.com/german-gas-storage-levy-adds-to-energy-consumers-woes.html "German gas storage levy adds to energy consumers’ woes") is widely understood to hold the key to increasing our access to renewable energy, even when the sun isn’t shining or the wind isn’t blowing. This can take the form of providing heat and [power for buildings](https://www.financedigest.com/public-power-corp-rwe-to-build-five-solar-farms-in-greece.html "Public Power Corp, RWE to build five solar farms in Greece"), being used for back up power or supplying energy in a leisure setting (on board boats, camping, caravanning etc). Batteries in all their [shapes and sizes](https://www.financedigest.com/all-shapes-and-sizes-how-to-match-your-technology-to-your-finances.html "All shapes and sizes: How to match your technology to your finances") really are going to make all the difference when it comes to reducing (eventually eliminating) the need for fossil fuels.

The most widely used method of [battery assembly involves bonding the cells](https://www.financedigest.com/bmw-to-make-solid-powers-battery-cells-under-expanded-agreement.html "BMW to make Solid Power’s battery cells under expanded agreement") and other parts together, using a combination of spot welding and strong adhesives. When they are no longer useful in their current state, they are frequently disposed of in an unsafe or harmful manner. In [developing countries](https://www.financedigest.com/what-its-like-for-women-entrepreneurs-in-developing-countries.html "What it’s Like for Women Entrepreneurs in Developing Countries") for example, lead-acid batteries are often open smelted, meaning the battery is burnt over an open fire in order to reserve the lead for resale or reuse. The [lead leakage into the soil results](https://www.financedigest.com/centre-right-gerb-party-leads-in-bulgaria-election-partial-results.html "Centre-right GERB party leads in Bulgaria election -partial results") in toxic poisoning of the land and the carcinogenic smoke released during the process is harmful to all living organisms in the vicinity.

At best, ‘broken batteries’ are sent to be crushed and the raw [materials recycled](https://www.financedigest.com/stellantis-aims-to-boost-recycled-material-content-in-vehicles.html "Stellantis aims to boost recycled material content in vehicles"), but this process in itself is wasteful, using enormous amounts of water, as well as releasing materials and gases that are harsh to the environment.

The fact is, although they no [longer work](https://www.financedigest.com/remote-working-tips-to-help-it-last-longer.html "Remote working tips to help IT last longer"), it is often the case that 80% of their cells would still be reusable, but because they are welded and glued together, the useful cells that could be used, become useless also.

**[Serviceable battery technology](https://www.financedigest.com/financial-services-technology-development-in-2023.html "Financial Services technology development in 2023") – how it works**

Transitioning to a world where we produce batteries that can be used for one application and then parts are cascaded down for use in other products, gaining as much [value as possible from the materials is what will prevent us from creating](https://www.financedigest.com/creating-sustainable-value-through-responsible-investment.html "Creating sustainable value through responsible investment") more harm to the environment in the future.

The technology is there, batteries can be built without the use of spot welding and adhesives, which means that they can be taken apart and rebuilt – the epitome of the circular economy principle. Individual cells and other components that no longer work can be replaced or repaired, with replaced [parts being repurposed into a second life existence or recycled if they have reached](https://www.financedigest.com/engine-parts-makers-must-cross-valley-of-death-to-reach-ev-era.html "Engine parts makers must cross ‘valley of death’ to reach EV era") the end of their use.

As technology advances – for instance, should we improve the chemistry of the cells so that they become more energy dense, existing parts can be [replaced with newer versions and the older](https://www.financedigest.com/unicredit-to-pay-bonus-replace-850-older-branch-staff-in-italy.html "UniCredit to pay bonus, replace 850 older branch staff in Italy") parts can be repurposed into a second life product. This ensures that we get maximum use of the materials used before having to recycle them.

**In summary**

Batteries can no longer be treated as disposable objects and, with a future that is highly likely to rely heavily on batteries to [increase our access](https://www.financedigest.com/rci-bank-increases-easy-access-interest-rate-to-1-02.html "Rci Bank Increases Easy Access Interest Rate To 1.02%") to clean energy, I would argue that adopting a circular economy approach to energy storage is absolutely fundamental to our very survival.


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