FeX Energy

FeX Energy is a start-up developing a proprietary and groundbreaking long duration energy storage solution to economically electrify heat. At scale, we aim to abate over 650 megatons per year of CO2, while creating a multi-billion dollar business.

FeX Energy’s first product will feature it's patented Iron Arc Reactor and balance of plant equipment packaged in standard shipping containers. The product will deliver heat (up to 900°C) and/or power to balance fluctuating availability and cost of electricity. The inherent properties of iron, make the solution highly scalable (from MW to GW's), extremely dense (35MWh/container, 10X more than competing solutions), and able to deliver sustained high temperature heat (up to 900C for 5X longer than sensible heat storage).

The company was founded in 2023 as a spin-off from McGill University's Alternative Fuel's lab. The team comprises 13 leaders in energy innovation with over 200 years of collective passion and experience in the field of engineering, executive leadership, and serial-entrepreneurialism.