Hi, I know similar questions were asked before, but never went that far or were maybe too specific.
I'd like to know what'd be some lucrative uses of cheap electricity, assuming re-selling it directly to the electricity grid is not feasible
(off-grid).
I cannot use all my electricity from solar and the rechargeable battery is ok to fill my basic needs, so I'd like to turn that excess electricity
produced into profit.
I remember people in the forum suggesting the following (in no specific order):
- mining crypto and then buying things from Merck or anywhere really
- making copper and sulfuric acid
- making chlorates
- making Hydroxylamine, Sodium nitrite, Formic acid, perchlorates, Periodates and derivatives (IBX and DMP), Sodium metal, Magnesium metal, Potassium
hydroxide, Hydrazine salts, Sodium hydride, aluminium
Are there any other options you can think of?
How would you rank options from most profitable to least profitable?
I was thinking about induction furnaces to produce something (as I imagine some things inherently require a lot of energy to be produced), but again
not sure really what is more profitable than say importing ready-made from Asia.
TL;DR: what are some options to turn excess electricity in profit, possibly the highest per kWh used and without investing a lot?
Thank you |