Gas as a transition fuel for grids may be around for a lot less time than we thought. We already know that large batteries, if they are cheap enough, can replace gas plants to provide peaking power to grids reliant on intermittent wind and solar. Bruce Robertson at IEEFA says the numbers are showing battery costs declining even more rapidly than wind and solar. Precisely because of that increased competitiveness Australia’s AGL Energy is starting … [Read more...]
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