Batteries 'cheaper' than gas plants as data centres fuel turbine costs

15 days ago

Batteries are now cheaper than gas for supplying peak power demand in Australia.
Rising demand for gas turbines from US data centers is increasing costs for gas-fired power.
Battery costs are falling due to increased Chinese production.
Data centers, especially in the US, are consuming large amounts of electricity and driving up turbine costs globally.
By 2050, renewables like solar and wind are expected to supply up to 93% of Australia's electricity.
Gas technologies will still play a limited role (3-7% of generation by 2050) in stabilizing the electricity system.
The CSIRO forecasts further drops in electricity generation costs as more renewable and storage capacity is added.

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