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As others have said most of this already exists for example in markets like Australia, the problem for the author is none of it actually makes solar etc work an
by cavisne 11y ago
As others have said most of this already exists for example in markets like Australia, the problem for the author is none of it actually makes solar etc work any better.
Voters dislike high electricity prices but they absolutely hate power outages and load shedding. Thats why the regulation in this area will always be cautious.
The market value of rooftop solar generation is close to 0 for the distribution grid as they still need to maintain existing assets for reliable generation, so any subsidy paid to those who can afford solar panels takes from either the pockets of those who dont have solar panels, or from taxpayers/shareholders.
The only way to shift to the distributed decarbonized model the author wants while maintaining reliability is to increase electricity prices. That should be the first sentence of any policy debate about this issue.