It is nice that is keeps renewables extra profitable, but if they could price down a bit they could just run fossil fuels out of the market entirely… so, it doesn’t seem like a great favor to them.
OTOH treating all units of energy “fairly” ignores the added value of dispatchable generation, so it doesn’t really seem fair at all.
On the gripping hand, if pricing was set by the market, customers could be incentivized to help fix the intermittence problem by making their loads dispatchable, which seems like it would be an all-around win…
It depends on the specific load, dishwashers can be configured to run when the price drops a bit, heating can be configured to allow your house to get a little colder, and if the market provides enough incentive, adding insulation will become economical.
I mean it is a big pile of interests that needs to be optimized. One option is to expose it to the market and let the supply and demand optimization process have a go at it.
OTOH treating all units of energy “fairly” ignores the added value of dispatchable generation, so it doesn’t really seem fair at all.
On the gripping hand, if pricing was set by the market, customers could be incentivized to help fix the intermittence problem by making their loads dispatchable, which seems like it would be an all-around win…