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