I don't think spot pricing for electricity is all that simple.
I don't think it's really reasonable for households to pay the raw spot pricing. Someone else (utility company? government?) should be backstopping the prices for them. Time of use pricing based on typical prices seems reasonable enough.
For large industrial consumers, sure; let them pay based on actual costs, and they'll adjust their peaks to save money, which helps even out the supply/demand, which is great.
For electricity producers, spot pricing isn't really enough either, though. There needs to be some compensation for available capacity as well as generation.
I agree that it makes sense to try to decouple solar and storage though. Storage's ability to move capacity from peak generation to other times is valuable and should be compensated, and there's no reason to tie it to generation.
I don't think it's really reasonable for households to pay the raw spot pricing. Someone else (utility company? government?) should be backstopping the prices for them. Time of use pricing based on typical prices seems reasonable enough.
For large industrial consumers, sure; let them pay based on actual costs, and they'll adjust their peaks to save money, which helps even out the supply/demand, which is great.
For electricity producers, spot pricing isn't really enough either, though. There needs to be some compensation for available capacity as well as generation.
I agree that it makes sense to try to decouple solar and storage though. Storage's ability to move capacity from peak generation to other times is valuable and should be compensated, and there's no reason to tie it to generation.