Four-hour battery storage now cheaper than gas peakers in 43 markets globally

A Wood Mackenzie analysis shows battery systems have achieved cost parity with open-cycle gas turbines worldwide, though U.S. tariffs threaten to slow domestic deployment growth.

First covered Oct 11, 2026 · 11:01 PM PT · 1 article · no longer in the live window

Four-hour battery storage now cheaper than gas peakers in 43 markets globally — Image via pv-magazine.com

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30d PV Magazine Batteries beat gas peakers on cost globally, but U.S. faces trade headwinds — 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.

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utilitydive.com 4-hour storage cheaper than gas peakers across global markets: WoodMac

woodmac.com Wood Mackenzie: four-hour battery storage now beats gas peaking on cost globally

theenergyst.com Wood Mackenzie: four-hour battery storage now beats gas peaking on cost globally - theenergyst.com

greentechlead.com Battery Storage Beats Gas Peaking Costs in 43 Markets as Solar Leads Global LCOE Rankings - GreentechLead

greentechlead.com Battery Storage vs Gas Peaker Plants in 2026: Four-Hour Batteries Gain Cost Advantage - GreentechLead

Appeared in: 2026-10-12 (#3)

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