Batteries in energy markets are kinda like AMMs

New economic hyperstructures and city states
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Current: 👹
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Ex. Product @SetProtocol, @indexcoop, @goldfinch
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Ex. VC @drapervc

Batteries can store energy when generation is cheap/demand is low and distribute it when generation is expensive/demand is high.

Tesla makes a ton of money doing it in Australia

Productising RWAfi @plumenetwork. Building https://transferagentprotocol.xyz on it. Hosting /rwa and /plume and /nest

Batteries can store energy when generation is cheap/demand is low and distribute it when generation is expensive/demand is high.

Tesla makes a ton of money doing it in Australia

https://www.pv-magazine.com/2022/07/27/tesla-big-battery-begins-providing-inertia-grid-services-at-scale-in-world-first-in-australia/

This intrigues me. In what way do you mean?