GregLocock
Automotive
- Apr 10, 2001
- 23,701
This astonishes me, but here we go
TLDR gas plants used to operate as baseload, currently 40% they estimate 11-15% as lithium batteries drop in price.
The example given replacing a $1B gas plant (presumably 1 GW) by a battery at $151/kWh, 6.6GWh, doesn't fill me with much confidence in this analysis, yes it'll keep the lights on overnight in summer when the nights are short, but won't be much help in winter.
Cheers
Greg Locock
New here? Try reading these, they might help FAQ731-376
https://www.reuters.com/business/energy/giant-batteries-drain-economics-gas-power-plants-2023-11-21/
TLDR gas plants used to operate as baseload, currently 40% they estimate 11-15% as lithium batteries drop in price.
The example given replacing a $1B gas plant (presumably 1 GW) by a battery at $151/kWh, 6.6GWh, doesn't fill me with much confidence in this analysis, yes it'll keep the lights on overnight in summer when the nights are short, but won't be much help in winter.
Cheers
Greg Locock
New here? Try reading these, they might help FAQ731-376