Battery storage now cheaper than gas turbines used at data centers, Wood Mackenzie finds
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Battery storage has become cheaper than open-cycle natural gas turbines, the power plants favored by many data center developers, according to a new Wood Mackenzie report. The consultancy found four-hour batteries were less expensive than the turbines in all 43 markets surveyed, on every continent. It expects battery electricity costs to keep falling while gas turbine power grows more expensive. Gas turbine prices have been driven up by AI data center developers buying up available supply, and procurement lead times now run two to four years.
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