Tech
New Study Reveals Breakthrough in Renewable Energy Storage Technology
Scientists at MIT have developed a new battery technology that could solve one of the biggest challenges in renewable energy: long-duration storage.
Solving the Storage Problem
Researchers at MIT announced a major breakthrough in energy storage technology. The new battery system, based on novel iron-air chemistry, can store energy for up to 100 hours at one-tenth the cost of current lithium-ion batteries.
- Cost: Estimated at $20 per kilowatt-hour vs $150+ for lithium-ion
- Duration: Up to 100 hours of storage
- Materials: Uses iron, one of the most abundant elements on Earth