Note that we had the technology to do this affordably as of about 2008, when lithium iron phosphate (LiFePO4) batteries became widely available for about $10-12 each (I had to look that up). They were definitely available at low cost ($6) by 2018:

https://web.archive.org/web/20180201203013/https://www.18650...

Looks like sodium-ion (Na-ion) 18650 batteries at 1.5 Ah have about 1/2 the capacity of LiFePO4 18650s at 3.5 Ah, and are about twice the price, so lets call them 4x the price per energy stored:

https://www.radicalrc.com/item/Sodium-Na-Ion-Battery-18650-3...

https://ogsolarstore.com/products/sodium-ion-cells-3-1v-batt...

https://coulombsolutions.com/product/12v-sodium-ion-battery/

Battery prices halve about every 4 years:

https://pv-magazine-usa.com/2024/03/06/battery-prices-collap...

So we can project that Na-ion batteries will have the same price per kWh as today's LiFePO4 in perhaps 8 years, or around 2034, if not sooner. That will negate the lithium supply chain bottleneck so that we're limited to ordinary shortages (like copper).

500 W bifacial solar panels are available for $100 each in bulk, so there's no need to analyze them since they're no longer the bottleneck. A typical home uses 24 kWh/day, so 15-20 panels at a typical 4.5 kW/m2 solar insolation provide enough power to charge batteries and still have some energy left over, at a cost of $1500-2000. Installation labor, electricians/licensing, inverters and batteries now dominate cost.

The sodium ion battery market is about $1 billion annually, vs $100 billion for lithium ion. It took lithium about 15-20 years to grow that much. So whoever gets in now could see a 1-2 orders of magnitude return over perhaps 8-15 years. I almost can't think of a better investment outside of AI.

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I've been watching this stuff since the 1980s and I can tell you that every renewable energy breakthrough coincides with a geopolitical instability. For the $8 trillion the US spent on Middle East wars since 9/11, we could have had a moonshot for solar+batteries and be at 90+% coverage today. Not counting the other $12 trillion the US spent on the Cold War. Fully $20 trillion of our ~$40 trillion US national debt went to funding endless war, with the other $20 trillion lost on trickle-down tax cuts for the ultra wealthy.

We can't do anything about that stuff in the short term. But we can move towards off-grid living and a distributed means of production model where AI, 3D printing, permaculture, and other alternative tech negates the need for investment capital.

In the K-shaped economy, the "if you can't beat 'em, join 'em" phrase might more accurately be stated "if you can't join 'em, beat 'em".