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Iron Air Batteries

All articles tagged with #iron air batteries

energy2 years ago

"DOE Invests $325M in Long-Duration Storage for Clean Electricity"

The US Department of Energy (DOE) has awarded $325 million in funding to support the development of long-duration storage technologies. The funding will be used to finance projects such as a pumped thermal energy storage system in Alaska and the installation of iron-air batteries at retiring coal plants in Colorado and Minnesota. The DOE aims to demonstrate the viability and replicability of these technologies to attract private investment and utility support. The projects are expected to take four to five years for permitting, design, and construction, but the DOE is eager to expedite the process and encourage follow-on projects.

energy2 years ago

Unlocking the Power of Iron and Rust for Long-Term Energy Storage

Form Energy, a startup led by a former Tesla executive and backed by Bill Gates's Breakthrough Energy Ventures and TPG, is developing iron-air batteries as a low-cost solution for long-duration energy storage. These batteries can store electricity for at least 100 hours, far longer than the four to six hours provided by large-scale lithium-ion packs. The use of iron, an abundant and cheap material, makes the batteries scalable without raw material limitations. Form Energy aims to compete with natural gas-powered generators that currently back up the power grid during periods of high demand. The company plans to deliver its iron-air modules to utility customers by 2025.

energy2 years ago

Mateo Jaramillo aims to break the 4-hour limit of lithium batteries: Insider Q&A.

Form Energy, a company founded in 2017, is building a commercial-scale factory in West Virginia to produce iron-air batteries that can store energy for up to 100 hours at lower costs than lithium-ion batteries. The goal is to help supply renewable energy to the electrical grid 24/7 and reduce reliance on polluting energy sources. CEO Mateo Jaramillo believes that the right kinds of energy are a core part of achieving net-zero emissions, but it will take work across all industries that touch the power sector.

energy2 years ago

Mateo Jaramillo aims to extend the lifespan of lithium batteries beyond 4 hours.

Form Energy, a company founded in 2017, is building a commercial-scale factory in West Virginia to produce iron-air batteries that can store energy for up to 100 hours at a lower cost than lithium-ion batteries. The company aims to help supply the US electrical grid with renewable energy 24/7 and reduce reliance on polluting energy sources. CEO Mateo Jaramillo believes that the right kinds of energy are a core part of achieving net-zero emissions, but it will take work across all industries that touch the power sector.