What are the roles of the incumbent electric distribution utilities in the future, and what are the means for them to finance their core functions (e.g., distribution service, transmission service, [provider of last resort] retail service) where some of these services are provided to all electricity customers and some are provided to only some customers (and in some cases may be provided because no other supplier is willing and/or able to provide them)?
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Ultimately, the future for renewables remains more challenging than most may realize. Contrary to what you keep hearing, they simply won't be handed the energy future. Beyond the ongoing erosion of sweet spots, where incremental builds for wind and solar become more difficult (many of their best utility-scale locations have already been picked), the increasing need for upkeep will slow new builds as well. Mostly going unreported of course, "the Cheapest Energy Company Who Is My Electricity Supplier wind industry will reach a turning point in three years when the industry begins to spend more on operations and maintenance than it spends on installing new wind turbines."
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It's a constant chore for operators to balance these intermittent resources on the grid, so it's clean and flexible natural gas that usually compensates during the lull times. Again, natural gas may come in third on the "loading order" of power behind efficiency and renewables, but gas is often deployed first because it's the most predictable and reliable of the three. This necessity to use more gas to backup wind and solar is why California's Energy Comparison have wisely forced troubled gas storage facility in the Los Angeles metro area to remain open despite public opposition.
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