Mmastodon BusinessStartups first seen 14 h ago, last 14 h ago, peak #3
Four-hour 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 Article URL: https://www. solarpowerworl
A new analysis finds that four-hour battery storage systems are now cheaper to install than new gas turbines in every region of the world. The finding, reported by Solar Power World, points to steep declines in battery costs making storage the default choice for new dispatchable power capacity. Industry observers say it marks a turning point for global electricity investment, with gas increasingly squeezed out of new-build decisions.
Why now: The finding signals a major cost crossover in power generation that could reshape energy investment decisions worldwide.
Solar Power Worldbattery storagegas turbines
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