2min chapter

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53 - Iron air storage with David Hill (Director of Business Development @ Form Energy)

Transmission

CHAPTER

The Different Types of Batteries

Lithium is cheap on a power basis, but if you were to build that out to sort of multiple and multi-lowers, then the cost begins to get back out. We are operating around about the 40% round trip efficiency mark. It's not suitable because it would get very, very expensive very quickly. So we've got lithium, which is, you need less space. And the less footprint, if you like, comes in 40-foot containers. Pretty cheap, really, in the grandsick of things. But high power, but not as long duration, by any means.

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