After months of anticipation, Ore Energy has emerged from stealth mode to reveal its groundbreaking new identity, story, and website. The dedicated team has been diligently working behind the scenes to reach this significant milestone, marking a new chapter in the company's journey.
At the core of Ore Energy's mission is the development of an affordable, long-duration battery that will facilitate a global transition to renewable energy sources. Unlike traditional batteries, Ore Energy's technology harnesses the power of rusting and derusting metallic iron, utilizing readily available materials such as iron, water, and air.
The fundamental principle behind Ore Energy's innovative solution lies in a well-known chemical reaction – rusting and unrusting. During the discharge process, the metallic iron undergoes oxidation (rusting), leading to the release of electrons and the generation of an electrical current. Conversely, during the charging phase, the rust is converted back to metallic iron with the application of an electrical current.
One of the key advantages of Ore Energy's battery technology is its fully scalable modular design. By employing building blocks that seamlessly integrate with one another, the system can be easily customized and expanded to meet varying energy storage needs, ranging from megawatt-hours to gigawatt-hours.
This plug-and-play energy storage system offers unparalleled flexibility, allowing for swift deployment in diverse settings and at any scale. Whether it's a small-scale residential installation or a large industrial project, Ore Energy's battery solution promises to revolutionize the energy storage landscape and pave the way for a sustainable future.