05/17/2026
In March 2026, renewables officially beat natural gas to become the largest source of electricity generation on the U.S. grid for the first time in history (35% to 34.4%). Meanwhile, Texas is plugging in a massive 12.9 GW of grid batteries this year alone, capturing 53% of the entire U.S. pipeline, to eat legacy gas margins for breakfast
In California, batteries just smashed records, meeting 44.1% of evening peak demand and physically evicting gas peakers from the grid
In China, firm, 24/7 solar + storage is already delivering round-the-clock electricity at a record cost floor of $30/MWh. Compare that to new gas-fired generation at well over $100/MWh. Gas is dead on arrival
In the UK, Germany, and Spain, building a brand-new wind + storage asset from scratch is now cheaper than simply paying for the fuel and maintenance of an existing, already-built gas or coal plant. In Germany, 24/7 firm onshore wind is delivering at $91/MWh, making new gas options (>$100/MWh) look like an expensive 20th-century liability
Countries still building gas plants or signing 20-year LNG import contracts, are signing a national security su***de note and managing a structural bankruptcy
Gas power is going through a slow death to near-zero by 2035 (latest). Save this post.