The big advantage of batteries is that they are not just able to balance the grid by providing more power, but also are able to take power out of the grid. They are able to do that extremly quickly as well. For those who do not know electricity grids fail if there is too much electricity or too little. With falling prices we are likely to see more of these even in largely fossil fuel based grids.
This is good news of course, but natural gas is often a by-product of oil mining, and if it can’t be sold it has to be flared off. So if there is little demand for it, then we also need to urgently reduce the demand for oil based products.
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