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Cheap batteries are reshaping power grids worldwide with China leading the charge
Economy
Published on 24 April 2026
The new grid fix is cheaper than expected
A surge in inexpensive batteries, driven largely by China’s manufacturing dominance, is accelerating a shift in how power grids handle fluctuations and outages. Utilities are increasingly using batteries to boost resilience and smooth renewable energy. With costs falling, batteries are also emerging as a more affordable alternative to fossil-fuel flexibility, setting up a global power-system overhaul.
- China’s manufacturing surge is driving down battery costs
- Batteries are becoming core to grid resilience and stability
- Cheaper storage offers an alternative to fossil-fuel flexibility
- The shift could rapidly reshape global power systems
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times