Community Batteries

Finding money to address climate change, ecological limits, and other existential threats requires answering the question, “Where can we find the money?”. One answer is, “The money is in full sight but stagnant — let us use it”. The world is awash with money, but people store it so they…

The Australian Energy Market Commission (AEMC) designs and sets the rules for the Energy Market. It assumes that consumers are passive and “providers” supply services. The approach can work well when there are a few large providers with economies of scale, and there are controls over monopoly pricing and returns…

See a better version of this title at Rewiring Australia with Public Capital. Capital builds assets, improves and sells products, and reduces the cost of building and selling products. We organise bookkeeping, so we have operating and capital costs and treat operating costs as different to capital costs. We treat…

Community Financing of Community Batteries is an alternative to a market approach of financing and operating an electricity storage market. Community Financing with local distributor operation is significantly cheaper for the following reasons. The Capital remains in the community. The Profits from Capital remain in the community. The Community recycles…

In economics, Capital Productivity is the output per unit of Capital. For Community Batteries, it is how much Capital is used by Community Batteries over their lifetime. The minimum amount needed occurs when consumers supply the Capital and get a return as lower-priced electricity. …

Economic democracy is a socioeconomic philosophy that proposes to shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders that includes workers, customers, suppliers, neighbours and the broader public. From Wikipedia Batteries are a critical part of the distributed renewable electricity grid. Economic democracy…

Rewiring Australia requires more investment in dwellings than electricity infrastructure. Of the houses, at least 50% have occupants who cannot find Capital or need investment assistance. …

Community Batteries save money by storing energy when it is cheap and using energy from the batteries when it is expensive. They also help maintain the grid's stability by helping stabilise the grid electric parameters. The money saved is calculated by the Community Battery owner and checked by the grid…

Purchased in large quantities, it costs five cents per kWh to store electricity in heavy stationary community batteries, with the price dropping by 20% each year. The price of electricity in the five minute Australian Energy Market varies from zero to 30 cents per kWh. Assume each day a battery…