this post was submitted on 01 Aug 2023
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This is a very promising approach I've heard of also. Places with reservoirs could benefit massively from super cheap energy.
In other places an alternative approach could be what we kinda do already. Nuclear or some other stable production as a foundation that is augmented by renewables. The foundation would guarantee that energy prices wouldn't fluctuate too much, but we could still reap the benefits of cheap renewables when available.