This describes a system that manages how rechargeable batteries are charged within a local energy setup, like a home or business. It connects to both the main power grid and local renewable sources such as solar panels. A central computer decides when and from where to charge the batteries, prioritizing renewable energy or cheaper grid power when available.
Why it matters: Filed before widespread adoption of home battery storage and dynamic grid pricing. The efficiency and affordability of local renewable energy systems have also significantly advanced.
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