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Yhn EnvironmentEnergy first seen 11 h ago, last 32 min 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 reports that four-hour battery storage installations are now cheaper to build than new gas turbines in every region of the world. The finding points to a milestone for the energy transition, suggesting batteries have reached a cost level where they undercut gas-fired generation for meeting peak demand almost everywhere.

Why now: The claimed global cost crossover between battery storage and gas turbines marks a major shift in power generation economics.

battery storagegas turbinesSolar Power World

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