Importance

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Abstract

Embodiments of the present invention relate to an approach for moving (e.g., lifting and lowering) objects (e.g., structures, cars, etc.) to generate and store energy to address energy shortage conditions. Specifically, the weight of an object is utilized to accumulate potential energy over a period of time through conversion of a source of energy (e.g. electricity) into potential energy when available power (i.e. supply) from the source of energy exceeds demand (e.g., an energy surplus condition is identified). This potential energy is then converted into another form of energy (e.g. electricity) over a period of time when excess power is needed (e.g., an energy shortage condition is identified).

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First Claim