Batteries are now cheaper than peakers everywhere, not just CA. That's what I'm saying.
Tesla's PowerPack installs (battery storage receives federal incentives, nat gas does not) will replace peakers, leaving them as stranded assets (the cannibalization I refer to).
Edit: unepipe: Tesla packs perform the exact same role as a peaker plant: energy on demand.
They are distributed, dispatchable loads and generators, available to draw or release energy from/to the electrical grid as needed, when commanded to do so by a grid operator.
I assume I used "cannibalization" improperly in this context. Mea culpa.
Tesla's PowerPack installs (battery storage receives federal incentives, nat gas does not) will replace peakers, leaving them as stranded assets (the cannibalization I refer to).
Edit: unepipe: Tesla packs perform the exact same role as a peaker plant: energy on demand.
They are distributed, dispatchable loads and generators, available to draw or release energy from/to the electrical grid as needed, when commanded to do so by a grid operator.
I assume I used "cannibalization" improperly in this context. Mea culpa.