Tag: data centers

Batteries now cheaper than gas turbines for data centers
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Batteries now cheaper than gas turbines for data centers

A new report from Wood Mackenzie reveals that four-hour battery storage has become cheaper than open-cycle natural gas turbines globally. This economic shift comes as the artificial intelligence boom drives up electricity demand and pushes gas turbine prices higher. While solar remains the cheapest form of new power globally, batteries are transforming how grids handle peak demand. Experts predict that battery costs will continue to decline while gas turbine expenses grow over the coming decades.