Live and recent posts from across the Fediverse tagged #woodmackenzie, aggregated by home.social.
Battery Storage Beats Gas Peakers. Is Canada Backing the Wrong Horse?
According to a new report from consulting giant Wood Mackenzie, battery storage is now cheaper than gas peaker…
#NewsBeep #News #Canada #batterystorage #CA #ElectricVehicles #electrification #energytransition #heatpumps #WoodMackenzie
https://www.newsbeep.com/ca/928096/
Wood Mackenzie’s latest report finds that four-hour battery systems had lower costs than open-cycle gas turbines in all 43 markets it studied.
The firm expects the cost of electricity from batteries to keep falling, while costs from gas turbines rise over the coming decades.
The comparison matters as data centers increase electricity demand and manufacturers are selling all the gas turbine models they can find, p…