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Four-hour storage is now cheaper than open-cycle gas in 43 modeled markets, though tariffs threaten near-term U.S. gains, said a report from Wood Mackenzie.
Four-Hour Battery Storage Beats Gas on Cost Globally, Says Report
Wood Mackenzie's new LCOE report shows four-hour battery storage undercutting open-cycle gas turbines in all 43 markets modeled, with tracker solar cheapest in 43 of 48 markets. North America diverges as tariffs and supply constraints push solar and storage costs higher, though IRA credits and data center load growth…