[dpierce9]

This is a good point though one thing is that we can pretty much always use more electricity (Alcoa can start smelting more or something) and since we don't have feed-in tariffs I am not sure we will see those same market signals.

[tmrgn]

Right. In addition, flattening intermittent feed-ins as a business model hasn't really taken up (via large scale storage solutions, for example). Of course FITs strengthen the drive towards market-ignorant feed-ins. Still, as most renewables have very low variable costs, one might expect similar problems in more market-like regimes too.