I had a few questions from investors about how the numbers from Reneweconomy earlier this week showing that batteries+solar are at grid parity in Adelaide stack up against our analysis. The short answer is that salesmanship is all about framing. The numbers are similar, with high electricity prices, relatively good solar resources in Adelaide and some sales “sleight of hand” making solar + battery look attractive. I don’t think solar + batteries are at grid parity yet, but its getting very close in Adelaide.
The longer answer is that it depends on what you are trying to measure, especially if you want to sell a $16k battery + solar solution rather than a $5k solar only.
Here are the Reneweconomy numbers:
