- Global Oil & Gas: 10 things you need might know about natural gas
- Mozambique Extractives: "Natural resources to be used in social justice" - President Nyusi
- Africa Oil & Gas: Sudan Wants ONGC Videsh To Withdraw Arbitration Over Oil Payment Dues
- Global Industry: Oilfield Service Sector to Hit Pre-Downturn Market Levels by 2024
- Mozambique Mining: Govt promotes fairs for the legal sale of precious stones
The WSJ reports that energy storage is starting to cut into the market for natural gas peaker plants in the U.S., which are deployed at peak demand times during midday.
The economics of a new gas peaker plant ($87/MWh) lose out to new battery arrays ($36/MWh). “I could see in 10 to 15 years where you have 30% of what is traditionally a peaker market served by storage,” Ben Fowke, CEO of Xcel Energy, a Minnesota-based utility, told the WSJ.