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Extractive summaries and key takeaways from the articles carefully curated from TOP TEN BUSINESS MAGAZINES to promote informed business decision-making | Since 2017 | Week 393 | March 21-27, 2025 | Archive

4 technologies that could power the future of energy
By Casey Crownhart | MIT Technology Review | March 19, 2025
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2 key takeaways from the article
- Energy innovation can take many forms, and the variety in energy research was on display at the summit. ARPA-E, part of the US Department of Energy, provides funding for high-risk, high-reward research projects. 2025 ARPA-E Energy Innovation Summit just outside Washington, DC. this week gathers projects the agency has funded, along with investors, policymakers, and journalists.
- Four of the most interesting innovations MIT Technology Review spotted on site were: Steel made with lasers instead of blast furnaces which rely on coal contributing to roughly 8% of global greenhouse gas emissions today. Rocks that can make fuel – geologic hydrogen which can be used as a fuel across a wide range of industries, including transportation and heavy industry. An electric guitar powered by iron nitride magnets instead of aluminum, nickel, and cobalt-based magnets – otherwise rare earth metals. And sodium-ion batteries to help meet power demand from data centers.
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Topics: Energy, Technology, Power, Innovation, Startups
Click for the extractive summary of the articleEnergy innovation can take many forms, and the variety in energy research was on display at the summit. ARPA-E, part of the US Department of Energy, provides funding for high-risk, high-reward research projects. 2025 ARPA-E Energy Innovation Summit just outside Washington, DC. this week gathers projects the agency has funded, along with investors, policymakers, and journalists. Four of the most interesting innovations MIT Technology Review spotted on site were
- Steel made with lasers. Startup Limelight Steel has developed a process to make iron, the main component in steel, by using lasers to heat iron ore to super-high temperatures. Steel production makes up roughly 8% of global greenhouse gas emissions today, in part because most steel is still made with blast furnaces, which rely on coal to hit the high temperatures that kick off the required chemical reactions. Limelight instead shines lasers on iron ore, heating it to temperatures over 1,600 °C. Molten iron can then be separated from impurities, and the iron can be put through existing processes to make steel.
- Rocks that can make fuel. The hunks of rock at a booth hosted by MIT might not seem all that high-tech, but someday they could help produce fuels and chemicals. A major topic of conversation at the ARPA-E summit was geologic hydrogen—there’s a ton of excitement about efforts to find underground deposits of the gas, which can be used as a fuel across a wide range of industries, including transportation and heavy industry.
- An electric guitar powered by iron nitride magnets. Most high-powered magnets today contain neodymium—demand for them is set to skyrocket in the coming years, especially as the world builds more electric vehicles and wind turbines. Supplies could stretch thin, and the geopolitics are complicated because most of the supply comes from China. Niron is making new magnets that don’t contain rare earth metals. Instead, Niron’s technology is based on more abundant materials: nitrogen and iron. The guitar is a demonstration product—today, magnets in electric guitars typically contain aluminum, nickel, and cobalt-based magnets that help translate the vibrations from steel strings into an electric signal that is broadcast through an amplifier.
- Batteries for powering high-performance data centers. Natron Energy is making sodium-ion batteries to help meet power demand from data centers. Data centers’ energy demands can be incredibly variable—and as their total power needs get bigger, those swings can start to affect the grid. Natron’s sodium-ion batteries can be installed at these facilities to help level off the biggest peaks, allowing computing equipment to run full out without overly taxing the grid.