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consider the implications for a post scarcity future
(slrpnk.net)
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I was talking with an engineer about using a closed loop hydro system at home, maybe in a tower. He said the water wouldn't have enough head to generate electricity. But that compressed air energy storage just might be the solution I was looking for.
the other arguably more effective option for home use is dumping it into heat. Heating up water is a great heat storage solution for radiant heating for instance. Getting that energy back out is arguably harder, but hot water is also pretty useful, so.