Public energy storage form

When will form energy's first multi-day energy storage project come online?

Expected to come online by 2025, this will be Form Energy’s first project in California and the first multi-day energy storage project in the state.

What is the CEC funding for a long-duration energy storage project?

(The CEC approved funding to build a long-duration energy storage project today similar to the one shown above. Source: Form Energy.) The California Energy Commission (CEC) has approved a $30 million grant to Form Energy to build a long-duration energy storage project that will continuously discharge to the grid for 100 hours.

Will form energy build a PG&E substation in Mendocino County?

Form Energy will build the project at the site of a Pacific Gas and Electric Company (PG&E) electric substation in Mendocino County. The project will be used to demonstrate the effectiveness of multi-day energy storage to help California meet its renewable energy and zero carbon resource goals, while ensuring electric reliability and affordability.

What is form energy's commercial product?

Form Energy's commercial product is a rechargeable iron-air battery capable of storing electricity for 100 hours at system costs competitive with legacy power plants.

When will form energy & form factory 1 come online?

Both projects are expected to come online as early as 2025. In May, Form Energy started construction on its first iron-air battery manufacturing facility in Weirton, West Virginia. When fully operational in mid-to-late 2024, Form Factory 1 is expected to have an annual production capacity of 500 MW of iron-air batteries.

What is a CO2 energy storage project?

The project plans to store excess energy from the grid that can be deployed when needed, taking excess energy from the grid and converting the CO2 gas into a compressed liquid form, which reduces the typical complexity and costs associated with storage.