Form Energy
Form Energy develops and commercializes iron-air batteries for long-duration energy storage, operating facilities across the United States and employing pioneering technology to optimize power grids.
Services
Form Energy specializes in developing and commercializing iron-air battery systems. These batteries are designed to store electricity for up to 100 hours at competitive system costs, making them suitable for multi-day energy storage needs. The company is engaged in several multi-day energy storage projects with leading utilities across the United States, showcasing their capability in handling large-scale energy requirements.
Locations and Facilities
Form Energy operates from multiple locations across the United States, including facilities in Massachusetts, California, Pennsylvania, and West Virginia. One of their key facilities, Form Factory 1, is located in Weirton, West Virginia. This factory is expected to employ over 750 people and have an annual production capacity of 500 megawatts of iron-air batteries, significantly contributing to the company's manufacturing capabilities.
Iron-Air Battery Technology
Form Energy's pioneering iron-air battery technology leverages iron, one of the most abundant and affordable minerals on Earth. This technology enables the storage of electricity for up to 100 hours, making it suitable for addressing fluctuations in renewable energy supply. The iron-air batteries developed by Form Energy provide a competitive solution for long-duration energy storage at scale.
Formware™ Operational Model
Formware™ is Form Energy’s next-generation investment and operational model for optimizing power grids. This model capitalizes on multi-year, hourly resolution data sets to ensure efficient operation and investment in energy storage systems. Formware™ is designed to enhance the management and planning of power grids, integrating seamlessly with Form Energy’s iron-air battery technology to provide a comprehensive energy storage solution.