Ultra-low cost multi-day storage using abundant iron and air
Iron-air batteries use the reversible oxidation of iron to store energy. By breathing in oxygen from the air during discharge and releasing it during charge, they achieve extremely low costs using abundant materials.
Iron-air batteries operate on the principle of reversible rusting. During discharge, iron pellets react with oxygen from the air to form iron oxide (rust), releasing electrons. During charge, an electrical current reverses the process, converting iron oxide back to iron and releasing oxygen. The electrolyte is typically a potassium hydroxide (KOH) solution.
Iron electrode: 25-35% | Air cathode: 20-30% | Electrolyte: 10-15% | Power conversion: 10-15% | Balance of plant: 15-20% | Installation: 5-10%
Iron-air batteries represent a transformative approach to multi-day energy storage. Form Energy's 100-hour battery has secured major utility contracts, signaling strong market interest in ultra-long-duration storage solutions.