If the end result of net metering and other incentives is to shock or force utilities into investing in wind, solar, hydro and even nuclear and to up the renewable portion of electric power to 80% and more, which clearly is doable, the fossil carbon portion of the electric power industry will be largely eliminated. Isn't that by itself a worthy goal?
Definitely. I care a lot more about getting to your stated 80% RE grid goal, asap, than the details of what it looks like when we get there. But while we're 'in the weeds', let's speculate.
Will it look like 80% of homeowners having PV on their roof and Tesla batteries in their garage (call this the California extrapolation)? I doubt it, since that wouldn't be big enough to get the job done, nor does it seem like it would be the most cost effective in terms of economies of scale.
Does it look like electricity costing 3X as much as now in real terms, hooked up to govt-mandated RE production and storage systems, like off-shore wind and hydrogen fuel cells (call this the Germany extrapolation). I doubt that the public has the long-term tolerance for such an effort, which would stall out politically at a lower penetration level.
I suspect that we will have a mix of utility owned onshore wind and utility solar, long distance HVDC transmission, grid battery storage, with maybe some added offshore wind and CSP solar with thermal storage (or maybe not, the price is not yet there on either tech). That can get to 80% seasonal average technically. And people will buy their power precisely as they do now, except maybe have some net-linked demand-modulated smart appliances and TOU rates. And I suspect kWh prices will be higher in nominal terms, and smaller in real terms, than currently. That system at 80% energy penetration with current tech (mostly expensive storage) is NOT that affordable....but I am convinced that it will be by the time that RE gets built out to the scale where storage is needed.
And I predict that the average Joe Homeowner will not think about where his energy comes from then any more than they do now. But they will b#tch that it costs too much.
And that in that world, likely with low daytime and summer electricity TOU rates, both grid-tie and off-grid solar will be more expensive than grid power (due to their lack of economy of scale). And neither will ever get to more than a few % rates of adoption.
In this scenario, the heavy lifting will have been done by simple, regulated capitalism. A 2.2 cent PTC for wind (largely in the US) for a couple decades can provide the tens of billions in engineering development money to build that industry. Cheap PV will get there with its tens of billions of development money coming from overseas...mostly Japan, EU and Chinese incentive-driven PV purchases driving PV down the cost curve (the US lagged here, with weak net-metering incentives, and not fielding PV at reasonable scale until it got cheap). Battery storage will get there with early adopters buying EVs driving large Li-ion batteries down the cost curve. We owe this to California and Elon so far, but are passing the baton to Korea and China, as they are poised to take the lead on EV battery mass production (as they took over PV 8-10 years ago).
So, I don't see where US utilities being forced or shocked had much to do with it. They were required to buy power from wind producers and rooftop solar. The first probably helped lead to wind development, how much the latter gave us cheap solar is debatable. But now that cheap tech is here....simple greed, fear and FOMO will take over to get us on our way to 80%.