swansonj
Guru
There are two (at least) issues in play.That's a little unfair. For starters, this enables the full market variability to be passed on to the consumer. Inevitably, you'll end up paying more when it's cold, and especially so when it's cold and still. At a stroke, all market transparency is lost. How could a market possibly be regarded as fair when you have no way of knowing what price you'll be charged in advance?
The other issue is that much domestic demand is inflexible. People aren't going to sit in the dark in winter just because it's more expensive to generate electricity. The evening peak is fixed by working hours - and few people have the option to change that. Charging more - which will inevitably clobber the poorest the most, especially since they have the least flexible work (for them, naturally, zero hours contracts are flexible to the employers, not the employees) - is deeply inequitous. Changing normal working practice to encourage more flexibility for the employee would be highly beneficial to society, not least by reducing the peak demands on both energy supply and transport. But this is something that has to come from the top, with government leading, and supported by appropriate legislation. Using sledgehammer tactics such as peak pricing is not the way to do it, not least as it affects those who are unable to change!
One is that adding choice (and therefore complexity and the ability to game) to a system usually advantages people who are already advantaged by financial and emotional capital, time, and education, and risks further disadvantaging the already disadvantaged. That, you and I can agree, is a Bad Thing.
But the other is that when it comes to reducing environmental harm, part of what we need to make progress is transparency as to what the harm is. It is relatively common currency here that motor vehicles do enormous harm and have an enormous cost, but that cost is largely hidden from the people who make the choice to use motor vehicles, because it is aggregated and distributed through the NHS, the emergency services, the sacrifice of public space, the cost of roads,etc. Same applies to energy. Our use of energy is killing us all and our planet. A minimum step we surely need to make progress in reducing that harm is some basic transparency as to what the cost (with financial cost as a very crude marker for other costs) of our choices is.
The paradigm that, for reasonably affluent people, we can turn on the switch on the wall whenever we like and use as much electricity as we want at a whim is deeply embedded in western culture after a century's unconscious acceptance but it desperately needs to change.