✉news EnvironmentEnergy first seen 12 h ago, last 10 h ago, peak #16
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
New reporting says four-hour battery storage systems now cost less to install than gas turbines in every region of the world. The claim reflects falling lithium-ion prices and rapid growth in renewable energy deployment, and it suggests gas peaker plants are losing their cost advantage for meeting peak electricity demand.
Why now: Falling battery costs are a major shift for the global energy transition, challenging the case for new gas power plants.
battery storagegas turbinesSolar Power World
Rank over time, top of the chart is #1. 2 snapshots from 12 h ago to 10 h ago.
Evidence
- 4-hour battery storage is cheaper to install than gas turbines all across globe · Solar Power World
Elsewhere
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