Yhn EnvironmentEnergy first seen 1 d ago, last 54 min ago, peak #1
Battery storage now cheaper to install than gas turbines worldwide
Original: 4-hour battery storage is cheaper to install than gas turbines all across globe
A new report finds that four-hour battery storage systems cost less to install than new gas turbines in every region of the world, marking a turning point in the economics of power generation. The finding suggests utilities building new capacity can now turn to batteries instead of gas peakers, with major implications for energy investment, grid planning and emissions.
Why now: The cost crossover between batteries and gas turbines is a major milestone for the global energy transition, prompting debate among energy analysts and investors.
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