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soulstice88

229 Posts.

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30/11/17

09:35

Post #: 29241305
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Originally posted by goldbear77 ↑

its usualy not tool but the big fixed machinery - for eg 2-3 years ago thre was a wave of complaint about massive increase in business energy costs for places like butchers and food storage fromt he peak price period spikes

i have a friend who now runs a queensland power company based on using dams at an old mine site to generate hydro power (dams are converted waste pits)

they flow water from 'head' (highest elevation dam) to lower dam to drive turbine and generate power during peak price periods - then overnight buy power back at 5c on the dollar off peak - use that power to pump the water back up to the head dam - rinse and repeat next day

very clever and very green solution to what would otherwise be close to unusable land

reason he came up with the idea is because of the massivand apparently widening gap between peak and offpeak demand/price

his solution was basically creating a large battery via an economic transmission system to 'store' offpeak power for peak periods

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This is also a great way to utilize surplus solar. I have no idea why Australia doesn't do this kind of thing on a larger scale considering how sunny the country is. But here we are, extending coal plant lifetimes.
https://theconversation.com/how-pushing-water-uphill-can-solve-our-renewable-energy-issues-28196

BUD Price at posting: 33.5¢ Sentiment: Hold Disclosure: Held
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Dec 31st Closing Price, page-12

Top Stories

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

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