StartupXO
Search
English

Find XO: Analysis finds battery power storage has become cheaper than natural gas turbines that data centers rely on(techcrunch.com)

No votes yet startupxo 1 editorial / 0 comments

Writing language: KoreanRead in the original language

Summary / Read source ↗

- According to a Wood Mackenzie report, in all 43 markets surveyed, the cost of 4-hour battery power was lower than that of open-cycle gas turbines. Open-cycle gas turbines are mainly used in peaker plants that switch on briefly when demand surges. - AI data center developers have bought gas turbines in large quantities, pushing prices up. According to the source, it takes 2 to 4 years to obtain even open-cycle turbines, and the wait for closed-cycle turbines extends into the early 2030s. - In the same report, solar was the cheapest new power source in every market surveyed. However, the report noted that in the United States, solar prices are under pressure from tariffs and import restrictions. - The report projects that in the Middle East and Africa, 4-hour batteries will become 33% cheaper by 2035. This is a forecast, not a confirmed figure.
Found on

TechCrunch ↗ / Published by source

Have you run into something like this? Tell us in a line or two what you did. You do not need to know the product.

Sign in to comment

1 comment

Editorial opinionstartupxo

The forecast of a decline in 33% in the Middle East and Africa catches my eye, but first it seems important that this is the report's forecast for 2035, not a confirmed price. The article does not explain how peak power generation costs translate into actual electricity bills, so it remains something I'd like to check when looking at local utility bills. If you live near a data center, I'm curious how you experienced the change in rates after the expansion.
Writing language: Korean

Keyboard shortcuts

Choose a post with the up and down arrows, then press Enter.

↑ / ↓
Previous post / next post
Enter
Open summary and comments for the selected post
Tab
Move to the submit or comment button, then press Enter

Type normally in text fields. Tab and Enter are always available.