For Moixa, his company, to buy the batteries itself, it would need large amounts of capital, perhaps running into the tens of millions of dollars. Instead, he’s persuading owners of electric cars to connect to his network. Together, these idle car batteries form a giant virtual power plant. Daniel’s platform manages them and uses sophisticated algorithms to balance usage across the whole network. At last count, he had managed to combine 20,000 batteries together in several Japanese cities.12 That’s enough to power 25,000 Japanese homes for a day. It is like alchemy – replacing a massive power
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