19–22 August 2019
JW Marriott, Indianapolis, Indiana

Lockheed Martin Developing “Flow” Battery To Boost Renewable Power, Storage

24 April 2018
Reuters reports that Lockheed Martin officials are hopeful that a new “flow” battery made of “inexpensive, nontoxic materials” can help utilities “save money and use more renewable energy.” Lockheed has been “developing advanced battery technologies for its space program for decades,” and is competing with companies including Tesla and LG Chem “in the race to develop batteries for grid storage.” According to Lockheed Senior Vice President for Sustainability and Ethics Leo Mackay, if the company can “open up a chance not only to make renewables more marketable and more useful,” it may “change the structure of at least a portion of the utility market.” Lockheed did not give an exact date for the introduction of the battery, but Vice President for Energy Initiatives Frank Armijo hopes that Lockheed can introduce it in a “little more than a year.” (Image: F-22 Raptor. Credit: Rob Shenk from Great Falls, VA, CC BY-SA 2.0, Wikipedia)
More Info (Reuters)

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