Yhn EnvironmentEnergy first seen 4 d ago, last 58 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 analysis reports that four-hour battery storage systems are now cheaper to install than new gas turbines in every region of the world. The finding marks a milestone in the energy transition, suggesting batteries can increasingly replace gas-fired peaker plants on cost alone. Energy analysts are weighing what this means for future power investment and emissions.
Why now: The claim that batteries have undercut gas turbines on installation cost globally is a significant milestone in the energy transition.
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