Stealthy battery company backed by Bill Gates, Jeff Bezos has a lot to prove

  • 📰 CNBC
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Form Energy hasn't demonstrated its iron-air battery technology or shared proof that it works with the general public, but partners and outside experts are optimistic.

is a co-founder and the chief scientist at Form Energy, and a professor at Massachusetts Institute of Technology since 1985.

Each battery is filled with a non-flammable electrolyte liquid, similar to the electrolyte used in AA batteries, and is about the size of a washing machine, Form Energy says. Thousands of the washing machine-size battery modules are clumped together in power blocks and depending on what is needed, tens to hundreds of power blocks can be connected to the electricity grid.The idea behind the technology is not new. "You can get something to rust, obviously.

Battery tech at the $20 per kilowatt-hour price point "would eliminate the need for natural gas or any other type of combustion fuel for backup power," Jacobson told CNBC. "It would break any chance of nuclear power from playing a role in an energy future. It would end coal, fuel oil, and natural gas as fuels for electricity generation."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good

nice

JeffBezos is like a bully in grade 5. Irrelevant and knows he has to copy others for success. brutal waste of air

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jeff Bezos And Elon Musk Are Now Butting Heads Over The Small Satellite Internet BusinessAmazon files letter of protest over Musk’s plans for a new generation of Starlink satellites. Get DOGE by joining DOGECOIN Airdrop on DOGECOIN_PARTY profile 🥳 STARL is dev by woof, the core technician of the original shib team. She is also a dev of Leash. And it's worth noting a man. He is one of the top 10 in the gaming industry. Industry-leading experts collaborated. It is beyond imagination what will happen. STARL
Source: Forbes - 🏆 394. / 53 Read more »

Jeff Bezos And Elon Musk Are Now Butting Heads Over The Small Satellite Internet BusinessAmazon files letter of protest over Musk’s plans for a new generation of Starlink satellites. Wait, so....I can assume that the government owns space now!?!? elonmusk The complaint is that SpaceX is asking the FCC to approve two entirely different orbital configurations to be chosen between later. Bezos: Damn it pick one, so I can tell my team which to copy! It’s unethical to allow people to become this wealthy. We need a wealth tax and to use that money to rise the tide for all humans.
Source: Forbes - 🏆 394. / 53 Read more »

Jeff Bezos And Elon Musk Are Now Butting Heads Over The Small Satellite Internet BusinessAmazon files letter of protest over Musk’s plans for a new generation of Starlink satellites. You know, real world, kitchen table issues with which we can all identify.
Source: Forbes - 🏆 394. / 53 Read more »