Researchers at Swinburne University are progressing towards producing commercially viable, chemical-free, long-lasting, safe energy devices. The team is developing the Bolt Electricity Storage Technology (BEST) – a graphene oxide-based supercapacitor offering high performance and low-cost energy storage.
The team explains that this technology is environmentally friendly, and a patent was recently filed on it. It is reportedly on the brink of becoming a commercial prototype. Also stated was that investment in the technology's development will soon be under way through Graphene Solutions, a joint venture between graphite miner First Graphite Resources (FGR) and Australia-based electronics company Kremford.