On: 4-hour battery storage is cheaper to install than gas turbines all across globe

[nicoburns]

The cost of batteries has gone down somewhere between 60-80% over the previous 10 years (and my understanding is that trend is expected to continue due to a combination of new technologies (e.g. Sodium Ion) and increased scale). So that one seems totally reasonable. A little conservative if anything.

I can't comment on the cost of Gas Turbines.

[sroussey → nicoburns]

No one believes that the increased demand for gas turbines is durable enough to want to make those kinds of investments.

But the opposite is true for batteries.

[grumbelbart2 → sroussey]

Battery tech and production methods are still evolving and improving way faster than turbine tech and production. Meaning this is more than just production capacity.