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Written by Greg Allen
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Tuesday, 17 June 2008 |
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Page 3 of 3 No.19 Energy economics
Seems very promising. *If it works*, this could be a truly disruptive technological breakthrough that has the potential to change the economics of our entire energy distribution system. Energy distribution costs are a function of providing energy to meet peak demand. With this type of technology, peak demand can be managed by storing energy at distributed sites during off-peak hours. Implementation could be driven by reduction in energy costs for consumers that "bank" off-peak energy to meet peak demand needs.
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