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New Long-Duration Battery Could Transform Renewables Industry: WSJ

 

(AF) A newly developed long-duration battery made from commonly found iron could help transform the energy industry, according to The Wall Street Journal.

American startup Form Energy has made the breakthrough of creating a cell that can absorb power and discharge it over days, the report stated. While the battery would be too heavy for use in electric vehicles, it could help hold solar or wind energy when the sun goes down or the weather settles, the report said. Full story: The Wall Street Journal.

Also on AF: Asia risks decarbonisation target upset as it bets on LNG over renewables

Mark McCord

Mark McCord is a financial journalist with more than three decades experience writing and editing at global news wires including Bloomberg and AFP, as well as daily newspapers in Hong Kong, Sydney and Melbourne. He has covered some of the biggest breaking news events in recent years including the Enron scandal, the New York terrorist attacks and the Iraq War. He is based in the UK. You can tweet to Mark at @MarkMcC64371550.

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