Form Energy, a company known for its groundbreaking iron-air battery technology, is now making waves in the clean iron and steel industry. Form Energy’s novel battery stores clean energy by converting rust into pure iron and discharging electricity by oxidizing the iron again. This technology has the potential to revolutionize how iron is prepared for use in various industries, including steel production.
Recognizing the impact of traditional iron production methods on carbon emissions, Form Energy engineers developed a process to produce green iron using electricity instead of high heat and fossil fuels. This innovation has caught the attention of the Department of Energy, which recently awarded Form Energy funding to further develop their clean iron technology.
The traditional methods of iron production heavily rely on carbon-intensive processes, contributing significantly to global carbon emissions. By introducing clean and efficient ways to produce green iron, Form Energy is leading the charge in the transition towards a more sustainable iron and steel industry.
The shift towards green steel involves using clean electricity to power electric arc furnaces and running direct reduced iron facilities with clean hydrogen. While these methods are still in the early stages of implementation, the recent investments by the Biden administration in hydrogen-based iron plants indicate a growing momentum towards cleaner iron and steel production methods.
Form Energy’s entry into the clean iron and steel industry marks a significant step towards reducing carbon emissions and tackling one of the most polluting sectors in the world. With their innovative technology and ambitious goals, Form Energy is setting the stage for a more sustainable future in metal production.
