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If it works out, wouldn't the utilities do it themselves? Why transmit that power for miles and then transmit it back. And even if they didn't, arbitrage means
by robotcookies 11y ago
If it works out, wouldn't the utilities do it themselves? Why transmit that power for miles and then transmit it back. And even if they didn't, arbitrage means the price difference between times would fall as more people do it. Peak prices would move closer to night prices as demand equalizes between the two.
- rhino369 11y agoExactly. Coal, wind, and nuclear plant owners would just start charging batteries. Then the price will rise at night and lower during the day. Anyone who buys one of these just for time-arbitraging electricity is taking a pretty big risk. This smells of the Newman/Krammer bottle deposit arbitrage scam.