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Re:Europe is in danger of rolling electricity shortages by toast0 on Sunday September 25, 2022 @04:06PM (#32975500)
The point is not to exploit inelastic demand, but to separate inelastic demand from elastic demand when there isn't enough supply to fit both needs.

With food, it's possible to manage supply through stockpiling. With electricity, storage is tricky, so when there's a change to supply, demand has to be changed to match. You can do that with blackouts or economics. Many large customers have contracts where they pay a lower rate in exchange for disconnecting their load when needed to reduce demand. Anything essential would be on another meter that has a higher rate.

Why is it a problem to apply the same principle to residential connections?

Of course, in my area, most of my utility outages are a result of interrupted lines and not supply issues, both essential and non-essential would be equally disrupted. And, it's not feasible to switch a significant number of residences to a two-meter system in any reasonable amount of time, so this is firmly in the thought expirement category.

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