4-hour battery storage is cheaper to install than gas turbines all across globe
Summary
The Solar Power World article reports that four-hour battery storage is now cheaper to install than open-cycle gas turbines across 43 modeled markets, per a Wood Mackenzie LCOE analysis. It highlights regional variations, with storage costs projected to fall further by 2035, and notes that storage is displacing gas peaking in multiple regions as manufacturing scale drives down costs.