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4-hour storage cheaper than gas peakers across global markets: WoodMac

Published

8 October 2026

Topic

technology

◆ Sectors

Climate Tech

◆ Geography

North America

◆ Source

Read at utilitydive.com →

◆ Verified

Fusion42 · 10 October 2026 · Fusion42 review

Wood Mackenzie reports that 4-hour energy storage solutions are now more cost-effective than gas peaker plants across global markets, driven by increased costs and fuel price volatility for gas turbines, particularly impacting North America.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ ◆ The Wire takeaway

You can now compete on cost with gas peaker plants using 4-hour energy storage, opening a direct pipeline for deployment in markets burdened by fuel price swings. Lock in deals with data centres and utilities gearing towards more predictable power supply.

◆ Coverage

1 source · 8 Oct 2026

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◆ Topics

Climate Techenergy-storagecost-competitivenessgas-peakersrenewablesnorth-america