Mateo Jaramillo
Co-founder and CEO, Form Energy. On 2 shows, 3 appearances. The Shows tab opens the full record on each.
founderexecutiveoperatorLinkedIn ↗formenergy.com ↗
Mateo Jaramillo is the co-founder and CEO of Form Energy, a company developing multi-day iron-air battery systems for grid reliability. Previously, he served as Vice President of Products and Programs at Tesla Energy, leading its stationary storage division.
2shows
3appearances
48statements
13resolved
11supported
0contradicted
85%fully supported
Everything Mateo Jaramillo said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Jaramillo: Electrochemistry is not solved until manufactured at relevant scale and cost
“In fact, those are in many ways the same problem. Like, and you can't say that you've solved the electrochemistry until you're making it at a relevant scale You know, relevant throughput, with relevant yields, with relevant costs. Like, that's when you know yo…”
Jaramillo: Displacing lithium-ion for intraday storage up to 12 hours is unlikely
“Displacing lithium ion is going to be really hard. I mean, the grid markets are sort of the tail on the dog of the automotive markets right now driving the production of lithium ion at scale. And so, so the industry that we're in, the electric industry gets to…”
Jaramillo: Grid storage value drops between 12 and 75 hours of duration
“What we find in the modeling is that there's a lot of value for sort of up to 10 or 12 hours, let's say. There is less value. I'm not going to put a specific number, but there's, there is less value that we see very markedly in the system until you get back up…”
Jaramillo: Grids will pay for 100-hour storage at $20 per kWh
“All the modeling that we did confirmed by third priority modeling is that a hundred hours and 20 dollars per kilowatt hour is sort of the magic combination. And if you can hit 20 dollars per kilowatt hour, the system will pay for a hundred hours of duration.”
Jaramillo: Multi-day storage halves the land footprint needed for solar buildout
“By having cost-effective multi-day storage, you can incorporate More renewable energy without sacrificing reliability at basically half, half the land cost, and that, by that I mean you only have to put solar on half as many acres to get the same benefit and t…”
Jaramillo: Lithium-ion cannot solve long-duration storage due to costs
“We saw what happened with lithium-ion, and we saw the progress that it is making, has made, and will continue to make, and yet, we saw a very large opportunity still in the market, and that was to address something that lithium-ion just was not addressing, can…”
Jaramillo: Form Energy targets roughly $20/kWh system costs
“The trick is building a device and delivering a system that keeps you as close to that entitled cost as possible, and for us, that will be roughly 20 dollars a kilowatt hour. We think we can go below that, but that, that's sort of the first target that we've g…”
Jaramillo: Form Energy is targeting a $20/kWh all-in system cost
“The goal, as we said, from the very beginning of the company, we always were targeting something that would be 20 dollars a kilowatt hour all in at the system level. And that we feel is still very much the entitlement there that we're headed towards.”
Jaramillo: Iron-air raw materials cost under $1/kWh versus $30/kWh for lithium
“You're starting with a raw cost of materials that's less than a dollar per kilowatt hour, right? This is as compared to, let's say, unprocessed minerals for lithium mine that sitting on a table is, you know, 30 bucks a kilowatt hour, something like that.”
Jaramillo: A 100-hour battery at $20/kWh drastically lowers grid portfolio costs
“What popped out of that analysis was very clearly, if you can make a battery for a hundred, for 20 dollars a kilowatt hour, you get the hundred hours and you have a very entitled place to bring a ton of value to the grid. It is differentiated. It enhances the …”
Jaramillo: Form Energy's initial battery design proved 119 hours of continuous discharge
“We got the first design to work and to prove a 119 hours on discharge and hit their round trip efficiencies and that kind of thing.”
Jaramillo: West Virginia provided $290M in financing for 750 jobs by 2028
“The reason we are in West Virginia is because the state provided two hundred ninety million dollars of financing in exchange for 750 jobs by the end of 28.”
Jaramillo: AI tools compressed months of electrochemistry development into just days
“I mean, quite, quite literally, we sort of were able to do things On electrochemistry in a few days that previously would have taken us a few months.”
Jaramillo: Form Energy has nine years of iron-air chemistry operating data
“As it happens, we happen to have the world's most robust data set on iron air chemistry and tens of millions of operating hours, you know, going, going back, Nine years now.”
Jaramillo: 100-hour lithium-ion storage cannot clear grid energy markets economically
“In the case of lithium ion, Let's say that's roughly a hundred dollars a kilowatt hour. You're adding a hundred dollars for every hour you want to discharge. And the industry normalizes around dollar per kilowatt in terms of comparative resources. So everythin…”
Jaramillo: Iron-Air Raw Materials Cost Under $1/kWh vs $30–$35 for Lithium-Ion
“One quick point of reference, you know, lithium ion active materials. So you pull the active materials out of the ground, you put them on the table, it's maybe 30, 35 dollars a kilowatt hour, unprocessed, right? Not turned into a cell at all. For us, it's less…”
Jaramillo: Wholesale power markets today do not price reliability
“They run their own internal markets, right? They're not part of a wholesale market. And so they can pretty precisely put a value on, on reliability, which the wholesale markets today do not do.”
Jaramillo: 100-hour storage provides physical market hedge short duration cannot
“Having a hundred hour duration resource is a physical hedge against price spikes in a way that you can only really financially hedge right now unless you have, again, thermal resources. So it sort of opens up a new A new frontier for market participation in a …”
Jaramillo: Electric grid will need to double in size by 2045-2050
“It's trending that we would double this, we would need a grid, which is twice the size that it is today, by about 20, 45, twenty-fifty, roughly, given the growth rates.”
Jaramillo: Form Energy's $750M plant will produce 50 GWh annually
“That three quarters of a billion dollars, in the end, that should deliver a factory that produces about 500 megawatts per year which for us, these are hundred hour rated duration batteries, so so it can provide its rated power for a hundred hours, which means …”
Jaramillo: Form Energy's active materials cost under $1 per kWh
“The chemistry is very, very low cost, so it's less than a dollar per kilowatt hour for the active materials.”
Jaramillo: Electricity supply is a primary limiter of AI industry growth
“One of the main limiters for the growth of the AI industry today is electricity. They just can't get enough.”
Jaramillo: Lithium-ion's falling costs make competing battery chemistries nearly pointless
“Lithium ion is going to get super, super cheap. And so unless you can point to, you know, beating lithium ion at its own game, then there's really no point.”
One line per show, most statements first. The link opens Mateo's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 GREEN BLUEPRINTLEDGER | Co-founder and CEO, Form Energy | 2 | 30 | 89% 8/9 | full record on the Green Blueprint → |
 CATALYSTLEDGER | Co-founder and CEO, Form Energy | 1 | 18 | 75% 3/4 | full record on Catalyst → |