Gas
BESS beats gas peaker plants on LCOE globally, Wood Mackenzie finds
CEII brief
Energy-Storage.news reported on 19 Oct 2026: BESS beats gas peaker plants on LCOE globally, Wood Mackenzie finds.
Read the full story on Energy-Storage.newsFour-hour battery storage is less expensive than open-cycle gas turbines in the 43 markets in which both technologies were modelled, according to a new report from market research firm Wood Mackenzie.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © Energy-Storage.news. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
