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> There was another alternative on HN recently. Basically a super-deep hole in the ground with super heavy object falling into it, but suspended by a rope.

Or a train going up and down a hill...

http://www.aresnorthamerica.com/

Both are basically the same concept as pumped hydro which has been in use for a long time... pump water up a hill when energy is cheap, let it fall down and turn a turbine when energy is expensive. And hey, if it rains, free energy!

The rail/hole in the ground approach have the advantage of taking up less land I suppose, but I suspect are less efficient.




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