As I understand it, battery storage isn't cheaper than just base load generation (nuclear, combined cycle). However, it sounds like natural gas peaker plants are significantly more expensive. Can that be quantified? ~80% more, or more than $.03kwh difference? Are the levelized costs of battery storage, including financing, now less than this? Are incentives a part of it?
I'm guessing the solar aspect plays into this as well, as a large plant like that likely produces at times when prices are relatively cheap. It'd be really to see it all quantified.
As I understand it, battery storage isn't cheaper than just base load generation (nuclear, combined cycle). However, it sounds like natural gas peaker plants are significantly more expensive. Can that be quantified? ~80% more, or more than $.03kwh difference? Are the levelized costs of battery storage, including financing, now less than this? Are incentives a part of it?
I'm guessing the solar aspect plays into this as well, as a large plant like that likely produces at times when prices are relatively cheap. It'd be really to see it all quantified.