Startup Unveils Frugal Iron-Based Energy Storage ...Middle East

OILPRICE - Economy
Startup Unveils Frugal Iron-Based Energy Storage
source : OILPRICE ( Middle East ) () 28
Form Energy, a startup developing energy storage solutions, said on Thursday that it had developed an iron-air battery chemistry that could help incorporate more renewable energy into the power grid. Form Energy unveiled today its first commercial product. It is a rechargeable iron-air battery capable of delivering electricity for 100 hours at system costs competitive with conventional power plants and at less than one-tenth the cost of the lithium-ion battery chemistry, the company said. The basic metal for its design – iron – is one…

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