Iron is not widely available in nature as a ready-to-use element, it must be processed into elemental iron, which takes a lot of energy as input. Therefore this can't be really considered as fuel, more like energy storage. You still need fossil fuels or nuclear power to turn iron ores into iron, then you have iron available for the process described in the article. I'm not criticizing the process, but it's not accura…
The article says this. It wraps up with: "If these problems can be overcome, you could use renewable electricity to produce iron, store it as long as necessary, transport it there and then burn it for power when needed, says Bergthorson. “Places that have excess energy could make iron, and others can buy it. This way, you could commodify renewable energy so it can be globally distributed without the need for transmis…
The green economics of this need some serious consideration as i'd be really aware if you can reprocess it and get a second reaction for less energy than it cost you to turn the rust back into free iron metal.