4-hour battery storage is cheaper to install than gas turbines all across globe

Wood Mackenzie’s findings signal a major shift in power economics: 4-hour battery storage is now cheaper to deploy than gas peaker turbines in every modeled market, while solar and wind continue to fall in cost. For CIOs and technology leaders, this reinforces that energy strategy is becoming a core part of infrastructure planning—affecting data center site selection, resilience architecture, sustainability commitments, and the total cost of running compute-intensive operations.