Energy Vault – Gravitational Batteries

Re:Energy Vault – Gravitational Batteries by J-dawg on Monday January 11, 2021 @07:09AM (#25727860)

I'm quite fascinated about how an idea like this gets as far as somebody founding a company when, as several people here (as well as the linked videos) have argued quite convincingly, it appears to be easily debunked.

Are the founders knowingly trying to scam investors? Are they just naive/stupid?

Or am I (and the debunkers) being too negative, and this is just the first iteration of an idea that could one day change the world?

What's really going on?

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Re:Energy Vault – Gravitational Batteries by newyankee on Monday January 11, 2021 @07:25AM (#25727988)

I think the main founder is a CalTech alumnus who also has another company (Heliogen) which promised solar heat at 1 cents/kwh. Backed by Breakthrough new energy ventures.

I believe this idea and kite power ideas are crazy but they might just work.

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Re:Energy Vault – Gravitational Batteries by __alexs on Monday January 11, 2021 @08:06AM (#25728354)

"SoftBank Vision Fund" is all you need to know.

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