> “Places that have excess energy could make iron, and others can buy it. This way, you could commodify renewable energy so it can be globally distributed without the need for transmission lines. Metals can solve a big problem in the renewable energy transition: long-duration energy storage.”
My gut feeling is that transmission lines would still be cheaper. That being said long-term storage seems to be the value proposition here.
In my corner of the world coal is still frequently used to heat homes during winter. A single house uses around 4-6 tonnes of the stuff each season. This heap of coal takes a significant amount of space.
If my back of the napkin calculations are correct, the energy equivalent in iron dust would be half the volume. Of course there's the issue of weight - about 5x that of coal, but perhaps the cost of moving all that iron could be somewhat mitigated by having a rust reprocessing plant in the neighbourhood.
My gut feeling is that transmission lines would still be cheaper. That being said long-term storage seems to be the value proposition here.
In my corner of the world coal is still frequently used to heat homes during winter. A single house uses around 4-6 tonnes of the stuff each season. This heap of coal takes a significant amount of space.
If my back of the napkin calculations are correct, the energy equivalent in iron dust would be half the volume. Of course there's the issue of weight - about 5x that of coal, but perhaps the cost of moving all that iron could be somewhat mitigated by having a rust reprocessing plant in the neighbourhood.