Giant batteries drain economics of gas power plants naturalgasworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasworld.com Daily Mail and Mail on Sunday newspapers.
Giant batteries that ensure
stable power supply by offsetting intermittent renewable
supplies are becoming cheap enough to make developers abandon
scores of projects for gas-fired generation. -November 21, 2023 at 02:00 am EST
- MarketScreener
The shift challenges assumptions about long-term gas demand and could mean natural gas has a smaller role in the energy transition than posited by the biggest, listed energy majors.
The renewables arm of British
power generator SSE has taken an investment decision to
build a 320 megawatt battery storage project in Yorkshire,
north England, it said on Wednesday. .
Dutch and British gas prices
edged lower on Wednesday morning, losing gains made on Tuesday
afternoon following an extension to an outage at a major
Norwegian gas field, as high gas stores weighed on.