✉news EnvironmentEnergy first seen 14 h ago, last 13 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

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Evidence

• 4-hour battery storage is cheaper to install than gas turbines all across globe · Solar Power World

Elsewhere

• Yhn #8 · 25 min ago

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