Thermal Battery Corporation (TBC)
In order to mitigate climate change, we have to convert our entire power infrastructure to renewables. The problem is that even though the cost of renewables has dropped dramatically over the last two decades, they only provide electricity when the sun is out or the wind is blowing. This lack of dispatchability limits how much of the utility grid can be powered by renewables, so the key is to develop a battery that can store the energy and enable renewables on demand.
Conventional battery technologies are far too expensive, with current costs above $100/kWh. TBC is commercializing a new breakthrough battery technology from MIT, with a projected cost below $10/kWh, that will enable full penetration of renewables and help save the world.