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

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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."

 

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

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