Batteries are getting cheaper while gas gets pricier. Here’s why

Australia is shifting away from coal-fired power plants, as batteries and other renewable technologies gain traction. mikulas1/Getty Last summer, Australia’s electricity grid underwent a quiet but consequential shift. Across the east coast, gas-fired power stations – long viewed as the only way to keep the grid functioning on our hottest or coldest days – barely ran. The amount of energy generated by fossil gas this year dropped to its lowest point in 25 years. Batteries are now filling this…