A British Columbian company is repurposing retired electric vehicle (EV) batteries to provide reliable and clean energy storage to urban and remote diesel-dependent communities.
Moment Energy is developing a reliable low carbon energy storage system from repurposed EV batteries.
With $320,000 in CleanBC Go Electric Advanced Research and Commercialization (ARC) program support, the company is building and testing a 120-kilowatt-hour battery pack using the Renewable Energy Storage Laboratory at Dalhousie University.
“Moment Energy is continuing to create and supply sustainable, circular economy, EV battery solutions providing affordable and reliable energy storage systems through creation of innovative clean tech products,” said Edward Chiang, co-founder and CEO of Moment Energy. “This momentum continues to support the mandate and goal of Moment Energy’s mission: to repurpose all EV batteries for second-life use by 2030.”
The company will then deploy the system in a B.C. off-grid diesel-dependent scuba diving resort to gain real-world performance and environmental data. The project is expected to create and sustain 11 full-time-equivalent jobs in B.C., according to a media release by the Ministry of Energy, Mines and Low Carbon Innovation.
Based in Port Coquitlam, Moment Energy’s project is one of 17 projects under the second funding call of the ARC, which invests more than $8 million toward projects that span all transportation modes, from boats to electric bikes and aviation.
“Developing technology to repurpose old EV batteries into new clean-electricity storage devices for remote communities is a great example of B.C. solving a global problem while improving the lives of British Columbians,” said Bruce Ralston, minister of energy, mines and low carbon innovation. “By supporting innovation in clean tech, we are contributing to low carbon economic recovery, helping realize our decarbonization potential and unlocking the innovation that B.C. has in store.”
The ARC program supports B.C.’s EV sector by providing reliable, targeted support for research and development, commercialization and demonstration of B.C.-based EV technologies, services and products. This round of ARC project funding further leverages more than $18 million in industry and federal government investments, and is expected to create and sustain approximately 175 full-time-equivalent jobs, according to the Ministry of Energy, Mines and Low Carbon Innovation.
The CleanBC Roadmap to 2030 is B.C.’s plan to expand and accelerate climate action by building on the province’s natural advantages – abundant, clean electricity, high-value natural resources and a highly skilled workforce.
The EV sector includes battery electric vehicles, plug-in hybrid electric vehicles and hydrogen fuel cell electric vehicles, as well as companies and organizations involved in all aspects of the EV supply chain.
The supply chain spans from raw materials to final consumer products as they relate to vehicles or vehicle components, fuel and infrastructure, and transferable technologies and services.
B.C. leads North America in the transition to EVs with light-duty EV sales representing 13 per cent of all new light-duty vehicle sales in 2021.