Utility Scale Battery Storage Competitive with Gas

The cost of battery storage is falling quicker than most analysts presume and could be competitive with gas-fired generation –  even in the US, where gas prices are low – within the next 18 months.

That’s the prediction of Steve Hellman, the president of battery storage start-up EOS Energy Storage, which intends to launch its zinc-air battery next year with a price of $200-$250/kWh. 

EOS has grabbed the attention of the renewables and the mainstream energy industry with its battery product, which undercuts the pricing of lithium-ion batteries by a significant margin.

Utility Scale Battery Storage Competitive with Gas