Form Energy, Inc.

Developments in Long Duration Energy Storage Technologies

As the volume of variable renewable energy (VRE) sources penetrating electricity grids increases globally, so does the need to manage the increasing uncertainty and variability in electricity supply. Long duration energy storage (LDES) technologies will be needed in key regions from the 2030s to support electricity grids with greater penetrations of VRE.

Alternative Batteries to Play a Key Role for Stationary Storage

Announcements of developments to alternative, next-generation, non-lithium battery chemistries, including redox flow, metal-air, or sodium-ion batteries, are now a regular occurrence. Despite interest in these alternatives, Li-ion batteries remain the dominant choice for consumer devices, electric vehicles, and stationary storage. However, the importance of non-lithium battery chemistries is expected to grow considerably over the next 10 years, especially in the stationary energy storage sector. By 2025, IDTechEx forecast that >10% of the stationary market will be accounted for by non-lithium chemistries, up from <5% in 2021.

Long-Duration Energy Storage Council Formed to Achieve Net-Zero

ESS Tech Inc, a manufacturer of long-duration iron flow batteries for utility-scale and commercial energy storage applications, announces its participation in the Long-Duration Energy Storage Council launched at COP26.