Energy Storage News•about 17 hours ago
Battery storage costs fall 11-16% as Australia’s CSIRO maps least-cost route to net zero
- •Battery storage costs in Australia have fallen significantly by 11-16% across all durations, making it a more attractive investment.
- •This cost reduction contrasts sharply with rising costs for traditional coal and gas power plants, enhancing battery storage's competitive edge.
- •The trend positions battery storage as a primary, least-cost pathway for Australia to achieve net-zero emissions.
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