Yhn EnvironmentEnergy first seen 13 d ago, last 6 d ago, peak #1
Battery storage now cheaper to build than gas turbines worldwide
Original: 4-hour battery storage is cheaper to install than gas turbines all across globe
A new analysis finds that four-hour battery storage systems are cheaper to install than new gas turbines in every region of the world. The finding suggests batteries have reached a cost tipping point against fossil-fuel peaker plants, strengthening the case for renewables-backed grids and prompting debate about how quickly gas generation will be displaced.
Why now: The claim marks a potential turning point in the global energy transition, challenging the economics of new gas power plants.
battery storagegas turbinessolar power industry
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