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Re: MikeyLikesStocks post# 15750

Tuesday, 12/26/2017 4:28:44 PM

Tuesday, December 26, 2017 4:28:44 PM

Post# of 32318
The solar panels will charge the batteries, then keep providing power to offset the costs to run the equipment. This is true if it's crypto mining or a household. In the even the solar panels produces more energy than is being used, that energy is typically sold back to the Electric utility through the use of a bi-directional electric meter. In rarer instances where there is a more substantial amount of power being generated, this power is provided to the grid and sold as Green Energy for a premium.

Another thought- in the USA, the power grid has ZERO storage capacity. All energy being used is being created at that moment. (the grid is arguably one of the largest, most complicated machines ever devised by man- and it's so old its failure is anticipated, but not really being planned for. Are we not upgrading the grid due to the expectation better tech will make it obsolete through systems like this)

Imagine a grid system where there are so many homes and businesses with these battery backups and solar arrays that it creates a usable storage system for the grid- to use individually when your power goes out- or regionally when an areas power goes out. Neighborhoods powering themselves without nationwide high power transmission lines?)

The long term implications of these systems is staggering. IMHFO.