Because I'm incorrigible, I just spent the last hour doing the specific energy and energy density math for Magnesium combustion in a Carbon Dioxide atmosphere, comparing it to the same metrics for Lithium Ion batteries.
Assuming you can get a conversion efficiency of 40% (optimistic, to be sure), Mg/CO2 is, per kWh:
- A quarter the weight of Lithium Batteries
- Half the volume of Lithium Batteries
Pretty compelling reasons to peck away at the idea, IMO.