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Iron battery 80 times cheaper than lithium created in China

Iron battery 80 times cheaper than lithium developed in China

Scientists from the Institute of Metal Research under the Chinese Academy of Sciences have succeeded in significantly improving iron-based battery technology. This innovation is considered one of the most promising solutions for large-scale energy storage. Ixbt.com reports on this.

Researchers updated the electrolyte composition and modified the molecular structure of the iron compound. This method allowed for the elimination of the primary issues associated with these batteries—the degradation of the active substance and its leakage through the membrane.

According to test results, the prototype withstood 6,000 charge and discharge cycles without losing capacity. This figure indicates that the device can operate effectively on a daily basis for more than 16 years.

Since iron is dozens of times cheaper than lithium, such technology makes solar and wind energy storage systems more affordable. The operational efficiency of the new battery reached 78.5 percent, maintaining its structural stability throughout the testing process.

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