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title: Form Energy Iron-air Battery: The 200 Best Inventions of 2023
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Oct 24, 2023

# Energy Innovation

Form Energy Iron-air Battery

by 

[Chris Stokel-Walker](/author/chris-stokel-walker/)


## Chris Stokel-Walker


![](https://static.time.com/v3/assets/bltea6093859af6183b/bltc22b9d6ccbc6f06c/698a419586f68e4d066f2e7b/best-inventions-2023-Form-Energy-iron-air-battery.jpg?branch=production&width=3840&quality=75&auto=webp&crop=3:2)

When iron rusts, it swaps an electron for an oxygen molecule. Usually, that electron goes to waste. Form Energy’s batteries, which are the size of a washer-dryer set, take in oxygen to convert iron to rust, harnessing the resulting electrons and their energy. The devices can discharge power for about four straight days – lasting far longer than lithium-ion batteries, which, unlike Form Energy’s solution, require mining rare-earth minerals. “It’s like having a new tool in the tool chest,” says Mateo Jaramillo, co-founder and CEO of Form Energy. The company has five pilot projects in the works, including 10-megawatt power storage facilities in Minnesota and Colorado.


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