Morten Bek Ditlevsen6d ago
Paul Kedrosky
Grid batteries are now cheaper than gas, Bloomberg points out in a recent piece, which is important and going largely unnoticed.

Oil Gets More Expensive. Batteries Keep Getting Cheaper - Bloomberg
https://www.bloomberg.com/opinion/newsletters/2026-03-15/oil-gets-more-expensive-batteries-keep-getting-cheaper
Mar 15 at 7:15pmWeb
Show threadKobold6d ago
@paul
cc @Bundesregierung und @BMWK das dürfte für die weitere Planungen nicht uninteressant sein.
Show threadOliver Schönrock6d ago

@paul

yes, an expected development...

but sadly in a negative sense in the short term, because due to the increase in gas prices due to Trump/Netanyahu's pointless and illegal war. As the article acknowledges.

"And while natural gas power plants are much more common and efficient (up to 60%) than oil-powered ones, they too have become more expensive sources of electricity in much of the world than batteries"

Show threadeestileib (she/hers)6d ago

@paul

The US is not doubling down on fossil fuels for any good reason