Knowledge Agora



Scientific Article details

Title A product-component framework for modeling stock dynamics and its application for electric vehicles and lithium-ion batteries
ID_Doc 21520
Authors Lopez, FA; Billy, RG; Müller, DB
Title A product-component framework for modeling stock dynamics and its application for electric vehicles and lithium-ion batteries
Year 2022
Published Journal Of Industrial Ecology, 26.0, 5
DOI 10.1111/jiec.13316
Abstract Models that study the socio-economic metabolism often apply a lifetime approach to capture the stock dynamics of products. The lifetime is usually obtained empirically from statistical information and is assumed to describe the dynamics of the product and its components. However, for new types of products for which historic outflow data is limited, or in cases where a critical component plays a significant role in determining product end-of-life, a more refined understanding of the dynamics of product-component systems is needed. Here, we provide a new framework for product-component systems and 12 different approaches to model their stock dynamics. Then, we discuss which approaches are best suited in different contexts. We illustrate the use of the framework with a case study on electric vehicles and their batteries, highlighting the potential of battery replacement and reuse for reducing material demand. Improving the understanding of these complex systems is relevant for the study of the socio-economic metabolism because (i) accounting for component dynamics can support identifying unintended consequences of product-specific policies; (ii) component replacement and reuse can be a key circular economy strategy to foster efficient resource use; and (iii) accounting for these complex dynamics can lead to more accurate estimates for resource demand and waste-generation expectations, creating more resilient information streams. This article met the requirements for a Gold-Gold JIE data openness badge described at .
Author Keywords circular economy; dynamic modeling; electric vehicles; industrial ecology; material flow analysis; toolbox
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:000831156400001
WoS Category Green & Sustainable Science & Technology; Engineering, Environmental; Environmental Sciences
Research Area Science & Technology - Other Topics; Engineering; Environmental Sciences & Ecology
PDF https://onlinelibrary.wiley.com/doi/pdfdirect/10.1111/jiec.13316
Similar atricles
Scroll