A California Utility Announces 770 Megawatts of Battery Storage. That’s a Lot.

Battery storage is a vital part of a cleaner grid because it helps to fill in the gaps left by the fact that wind and solar are intermittent resources. And, like wind and solar, the growth of battery storage is closely tied to a decrease in its costs. The combination of high need and falling costs means we are seeing new projects on a scale we’ve never seen before,...

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Stunning drops in solar, wind costs mean economic case for coal, gas is ‘crumbling’

Prices for solar, wind, and battery storage are dropping so rapidly that renewables are increasingly squeezing out all forms of fossil fuel power, including natural gas. The cost of new solar plants dropped 20 percent over the past 12 months, while onshore wind prices dropped 12 percent, according to the latest Bloomberg New Energy Finance (BNEF) report. Since 2010, the...

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