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Bill Gates backed 'Rust battery' to be tested in Minnesota

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Energy storage costs with these massive-scale batteries are a tenth compared to lithium-ion packs which aren't great at multi-day storage.

Xcel is confident that once Form Energy's batteries are online, it will be able to provide its customers with energy at rates that are comparable to when it was providing coal-fired power but without the associated emissions.

The Rust battery offers a low-cost way to store renewable energy in an environmentally friendly manner. Once the life of the battery is complete, the iron can be used for downstream processes as

 

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