Yhn EnvironmentEnergy first seen 2 d ago, last 25 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 industry report finds that four-hour battery storage systems are cheaper to install than new gas turbines in every region of the world. The finding suggests grid-scale batteries have reached a cost tipping point, allowing power grids to shift electricity from solar and wind to peak hours without relying on new fossil fuel plants for capacity.
Why now: The cost crossover between batteries and gas turbines marks a major milestone in the global energy transition.
battery storagegas turbinesSolar Power World
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