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Form Energy is developing and commercializing ultra-low cost (up to 100X cheaper than lithium ion in $/kWh), long duration (>24hr) energy storage systems that can be located in any market and scaled to match existing energy generation infrastructure globally. These systems have the capability to reshape the electric system, making renewables fully firm and dispatchable year-round (creating “baseload renewables”), extending transmission capacity without building new wires, using existing infrastructure and workforce, and when paired with renewable generation resources, completely replacing GHG emitting fuels with fully domestic and renewable energy resources.
The founders of Form Energy are passionate and seasoned energy storage entrepreneurs:
Yet-Ming Chiang MIT Professor of Materials Science, serial entrepreneur
Ted Wiley Co-founder Aquion, Harvard Business School, US Military
Mateo Jaramillo Founder/VP Tesla Energy, Harvard/Yale
Billy Woodford MIT PhD, 24M Director of Technology
Marco Ferrara MIT PhD, VP of Analytics, IHI