Batteries are getting cheaper while gas gets pricier. Here’s why

Fri, 31 Jul 2026 11:30:21 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/batteries-are-getting-cheaper-while-gas-gets-pricier-heres-why-287956>

"Last summer, Australia’s electricity grid underwent a quiet but consequential
shift.

Across the east coast, gas-fired power stations – long viewed as the only way
to keep the grid functioning on our hottest or coldest days – barely ran.

The amount of energy generated by fossil gas this year dropped to its lowest
point in 25 years. Batteries are now filling this gap, as a cheaper, cleaner
alternative at peak times.

And wholesale electricity prices are 47% lower than this time last year, thanks
to record renewable and battery generation.

This shift sits at the heart of the CSIRO’s latest GenCost report, which
tells a story of two technologies heading in opposite directions: batteries
getting cheaper and gas getting more expensive."

Via Christoph S.

Share and enjoy,
               *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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