Batteries in energy markets are kinda like AMMs

New economic hyperstructures and city states
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This intrigues me. In what way do you mean?

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/

Kinda like a “passive” liquidity pool!

Kinda is the key. Spent about a year looking at the potential intersection of batteries, blockchain and smart contracts. I could never get the economics to work, even focusing in on CA. Looked at Germany too, but the spread between peak and off peak rates has to be large and over hours not minutes.