China Energy Storage Network News: Natron Energy, a developer of new power
battery technology based on Prussian blue electrodes and sodium ion
electrolytes, has recently completed strategic investment from the venture
capital firm (CTV) of the US energy giant Chevron to support development for
power demand management
Natron Energy, a developer of new power battery technology based on
Prussian blue electrodes and sodium ion electrolytes, has recently completed a
strategic investment from US energy giant Chevron Ventures (CTV) to support the
development of power demand management Fixed energy storage system vehicle (EV)
charging station.
Natron Energy was founded in 2012 as a company that was incubated while
conducting battery research at Stanford University. Natron has previously been
backed by venture capital investors and received funding from the U.S.
Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E).
)support.
Following the investment, Natron Energy will adapt its battery technology
originally developed for data center and utility-scale applications to meet the
power needs of the emerging EV fast charging market.
Natron's patented technology uses Prussian blue pigment in the positive and
negative electrodes of the battery. Prussian blue has a unique structure and
composition that allows it to store energy more quickly and reversibly than
other types of battery electrodes. As a result, Prussian blue-based batteries
can be fully charged and discharged tens of thousands of times at very high
powers.
Unlike most electrode materials in lithium-ion batteries, Prussian blue,
commonly used as a pigment, stores and releases energy in the form of sodium
ions, making batteries based on Prussian blue electrodes economically
attractive. environmentally friendly technology.
Regarding the application of Prussian blue in the battery field, in 2018,
researchers from Natron, Lawrence Berkeley National Laboratory, and New York
University published a paper in Nature Communications, reporting a Prussian blue
analogue for high-rate and stable anode, thereby achieving high-speed, long-life
and low-cost sodium-ion battery whole-cell system research results (I/II).
According to the article, a full-cell sodium-ion battery with a low-cost
Prussian blue analog in the electrode and co-solvent electrolyte retains 95% of
its initial discharge capacity after 1000 cycles at 1C and 95% depth of
discharge.
In addition, Natron's electrodes charge and discharge through single-phase
reactions within the stability window of this electrolyte. This eliminates the
conversion reactions and electrolyte breakdown that limit the life of lead-acid
and lithium-ion batteries.
This allows Natron to create the first battery where chemicals do not limit
the life of the system, opening up new energy storage opportunities to support
electric vehicle charging, renewable energy sources such as solar and wind, and
industrial applications. In addition, Natron's batteries offer greater safety
compared to existing technologies, as they are non-flammable against
overcharging, hard short circuits, nail penetration and external heating above
200°C.
Jesse Teichman, who led CTV’s investment, said Chevron Technology Ventures
is pleased to have the opportunity to support Natron Energy’s development of
high-performance energy storage systems. The high power density and fast
charging times of Natron’s unique battery technology make it an attractive
storage solution for future EV power stations.
According to the U.S. Department of Energy, the use of fast charging
stations, coupled with recent increases in electric vehicle range, reduces the
range anxiety associated with battery electric vehicles and may accelerate EV
adoption. However, the cost of delivering electricity to high-power fast
charging stations is high. One potential technology solution for fast charging
stations could be the use of stationary batteries to supplement demand for grid
power.
Natron Energy CEO Colin Wessells said vehicle electrification will be one
of the defining economic trends of the next decade. Widespread electric vehicle
adoption depends, in part, on technology that enables ubiquitous fast charging
and reduces driver range anxiety. As a global leader in transportation energy
services, Chevron has recognized this. We are delighted that CTV has chosen to
support Natron. This investment provides a significant boost as we develop and
demonstrate energy storage products that make fast charging stations a
reality.
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