The Climate Cycle

Is Iron The Future of Long-Duration Energy Storage? with Hayden Smith, FeX Energy


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We sit down with Hayden Smith, founder and CEO of FeX Energy, to unpack why energy storage matters to the energy transition and how their new iron-based storage solution could challenge incumbent technologies like lithium-ion.

FeX is developing an Iron Arc reactor that has the potential to hold energy for days or weeks, and release it as clean energy and high-temperature heat that could power industries like mining, provide heating for buildings, or balance load for the grid. By using one of Earth’s most abundant and affordable materials, FeX aims to close the gap between intermittent renewables and reliable, dispatchable power.

In this conversation, we cover:

  • Why energy storage is the “missing link” in the clean-energy transition
  • How FeX’s iron-based system compares to lithium and hydrogen storage
  • The role of long-duration storage in decarbonizing heavy industry and remote sites
  • What Canada needs to do to accelerate storage deployment and grid resilience
  • Hayden’s journey from corporate innovation at Siemens Energy Ventures to climate tech founder

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The Climate CycleBy Climate Tech Canada