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RE: I did some calcs - POWR token could improve the economics of storage by x10 at least

in #solar7 years ago (edited)

Hey thanks for the projection! It is great and the Asset Germination for POWR holders will definitely be an asset for anyone looking for a green investment. Hydro of course does not really come into that category though as it is a bit of an ecological destroyer! However the Power Ledger project is breaking the mold and moving green energy into mass adoption

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Thanks for the comment llyrran! For energy storage, I should have clarified that I have in mind off-river pumped hydro - no damming of rivers involved, just 2 reservoirs with a height differential to store kinetic potential energy.

The Kidston project, supported by ARENA, is pretty cool - they are looking at using the pits from an abandoned gold mine as storage reservoirs. A great way to repurpose an old site without unmanageable ecological impacts.

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