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Solar Power and Batteries Are Encroaching On Natural Gas In Energy Production

Socguy writes: The relentless downward march in cost of both solar and battery storage is poised to displace 10GW worth of Natural Gas Peaker plant electricity production in the U.S. by 2027. Already we are seeing the net cost of combined solar and batteries cheaper than the equivalent natural gas peaker plant. Some particularly aggressive estimates from major energy companies predict that we may not see another natural gas peaker plant built in the U.S. after 2020. GE has already responded to the weakness in the gas turbine market by laying off 12,000 workers. Further reading available via Greentech Media.

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This post first appeared on Werbung Austria - Slashdot, please read the originial post: here

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Solar Power and Batteries Are Encroaching On Natural Gas In Energy Production

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