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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe breakthrough battery technology that could replace lithium-ion for energy storageThermal batteries could be the future of energy storage, offering a cost-effective way to store renewable energy and decarbonize heavy industries like steel and cement production. Unlike lithium-ion batteries, they use raw materials like bricks and graphite to store heat, making them cheaper and more scalable. CNBC talked to companies like Rondo Energy and Antora Energy to understand why they're betting big on this technology and how it could transform clean energy.
Organizations: CNBC, Rondo Energy, Antora Energy
Thermal batteries could transform renewable energy storage and provide a cheaper and scalable alternative to lithium-ion technology. "Heat batteries are a fundamentally new way of storing energy at a small fraction of the cost." Heat batteries store excess electricity as heat in materials like bricks or graphite, which can reach temperatures over 3,000 degrees Fahrenheit. The system stores solar energy during the day and delivers high-temperature heat 24/7. Despite their promise, thermal batteries face hurdles, including high upfront investment and a lack of familiarity among industrial users.
Persons: John O'Donnell, Justin Briggs, O'Donnell Organizations: Rondo Energy, Antora Energy, Fuels Locations: Central
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