Mmastodon EnvironmentClimate first seen 20 h ago, last 19 h ago, peak #5
Four-hour battery storage now cheaper than gas peaking plants worldwide
Original: Four-hour battery storage now beats gas peaking on cost globally https://www. woodmac.com/press-releases/fou r-hour-batt
Research firm Wood Mackenzie reports that four-hour battery energy storage has become cost-competitive with, and cheaper than, gas peaking power plants on a global basis. The finding marks a milestone in the energy transition, suggesting batteries can now handle peak-demand electricity needs once dominated by gas. Commenters are sharing the news in climate and energy discussions as evidence that the shift away from fossil-fuel peaker plants is accelerating.
Why now: A major research finding shows renewables-supporting storage overtaking gas on cost, a significant energy transition milestone.
Wood Mackenziebattery storagegas peaking plants
Evidence
- Four-hour battery storage now beats gas peaking on cost globally https://www. woodmac.com/press-releases/fou r-hour-battery-storage-now-beats-gas-peaking-on-cost-globally/ # Climate , # ClimateChange , # Energy · dripping1911@scicomm.xyz · 2
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