US Department of Energy commits $400 million loan to zinc battery maker Eos

The company makes zinc-halide batteries that could offer more affordable energy storage than existing lithium-ion batteries.

US Department of Energy commits $400 million loan to zinc battery maker Eos

The US Department of Energy has announced a conditional commitment to Eos Energy Enterprises for a $400 million loan to be used in the construction of four "state-of-the-art production lines" that will be used to manufacture utility- and industrial-scale zinc-bromine battery energy storage systems in Pennsylvania.

According to this MIT Review article, the company says its batteries could be used to cheaply store energy for hours or days at a time and could play a key role in building out the country's renewable energy grid. Once completed, the four production lines could produce eight gigawatt-hours’ worth of batteries annually by 2026—enough to meet the daily needs of up to 130,000 homes.

Every time I see another story about a new type of battery being developed – either to work in industrial settings, in support of the renewable energy grid, or as an alternative to lithium batteries in EVs and electronic devices – I can't help but geek out a bit over humanity's endless ingenuity and inventiveness (yes, even in the face of our colossal stupidity at times). There are so many energy storage alternatives being explored and I suspect that the batteries we will see commonly in use 10 years from now will be very different than the solutions available today.  

Read the full article here.  

Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to Our Awesome Future.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.