February 27, 2014

While Tesla revolutionises the business model for batteries, the basic product remained the same. Now a small upstart company has come along with a brand new way to store energy, a new chemistry. It will hasten the death spiral of the traditional grid.

The novel battery uses a water-based electrolyte that allowed developer Aquion Energy Inc. (Pittsburgh, Pa.; www.aquionenergy.com) to achieve a low-cost and safe battery with long cycle life, although more suited to stationary energy-storage applications because of large size. The Aquion battery technology, now entering its commercial launch process, employs an aqueous sodium-sulfate electrolyte.