https://www.theenergymix.com/new-investment-speeds-development-of-100-hour-battery-for-local-energy-storage/ The climate news that makes a difference. Wed, 16 Oct 2024 14:54:47 +0000 hourly 1 https://wordpress.org/?v=6.7.2 https://www.theenergymix.com/new-investment-speeds-development-of-100-hour-battery-for-local-energy-storage/#comment-24518 Wed, 16 Oct 2024 14:54:47 +0000 https://www.theenergymix.com/?p=148601#comment-24518 In August Form Energy was awarded $147 million in US federal funding to build a 85MW 100-hour battery in Maine. That comes out to about US$17 per kWh which is less than their stated target price but this project appears to have been initiated by Form Energy. It will be interesting to see if the commercial pricing comes close. Could be a game changer although underground CAES is likely to be a cheaper depending on the local geology.

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