It appears that gravity is actually a pretty lousy mechanism for storing energy.
Could someone check/correct my logic here?
Assuming that an average house weighs about 110,000 kg (got this number from yahoo answers). This means that if you raised this house by 1 meter, you would be "storing" 110,000 Joules? (I get confused by the time element here).
If that's the case, and if you were to allow the house to settle the 1 meter over the course of about 8 hours, you would get back roughly 30 Watt Hours during that time - or enough to power a single 100W bulb for the duration of the sinking house. That seems incredible to me. Did I do the calculations right?
Just a thought experiment really. The idea of a house rising and sinking a full meter every day is absurd on the face of it anyway. Especially if the payback is so ludicrously small.
Bet I'm not the first to consider the idea and not the first to be disappointed at the results.