'Decisive and widening': Battery storage undercutting gas peaking plants on cost, study shows

James Murray
clock • 5 min read
'Decisive and widening': Battery storage undercutting gas peaking plants on cost, study shows

Wood Mackenzie calculates four-hour battery storage projects are now less expensive than open-cycle gas turbines in all major markets

Battery energy storage systems that can meet peak power demand are now cheaper than gas peaking plants on a levelised cost of electricity (LCOE) basis in all major markets, according to new modelling from...

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'Decisive and widening': Battery storage undercutting gas peaking plants on cost, study shows

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