Energy · 4 views
Batteries Are Taking the Gas Peaker’s Best Hours
Australia’s CSIRO now finds that batteries are cheaper than new gas plants for meeting routine evening peaks, as battery costs fall and turbine costs rise.
Summary
Gas peakers have always had one decisive economic advantage: they were relatively cheap to build. A peaking plant could sit idle for most of the year, then start when demand and electricity prices surged. Its fuel was expensive and its efficiency often mediocre, but low upfront costs made that acceptable. The owner did not need thousands of operating hours to recover an enormous initial investment.
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