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The Cutting Edge of Energy Storage: Rust
May 9, 2024
Mateo Jaramillo, Co-founder and CEO of Form Energy, discusses the need for long-duration backup power for the grid using iron-based batteries. He explores the limitations of lithium ion batteries and the promise of iron anode technology. The podcast also delves into the challenges of decarbonizing the energy sector and the complexity of the energy grid system.
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Quick takeaways
- Form Energy aims to revolutionize grid stability with affordable, long-duration iron-air batteries.
- Transitioning to sustainable energy sources requires innovative battery technologies like Form Energy's iron-based solutions.
Deep dives
Challenges in Grid Battery Innovation
Meeting the demand for long-duration, affordable grid battery solutions poses challenges. Current lithium-ion technology, while versatile, falls short in terms of cost-effectiveness for extended energy storage needs beyond a few hours. This limitation drives the necessity for innovations like Form Energy's iron-air batteries to address multi-day energy storage requirements.
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