Political power runs the world
Political power is already hitting a brick wall in Europe. They subsidized solar panels and heat pumps. Works fine as long as the government forces the energy company to take back your excess solar for the same price as they sell a KwH when the sun dont shine. Because the fixed cost of a grid connection is soaring (electricity companies run a business, and have to make ends meet, you know) this rule is being phased out.
Result: Heat pumps no longer break even in Belgium because the breakeven time vs natural gas is 15 years. The Netherlands will follow with the phasing out of this rule in 2025, so our breakeven time will also drop from the current 5 years to 15 years.
Subsidy on electric cars in Germany abruptly stops on January 1st. German car dealerships are angry with the green government because orders are being cancelled and they are stuck with inventories of electric cars that there is no longer a market for. VW cancelled the electric ID4 production because market demand vanished into thin air after the subsidy was cut.
The only thing that makes sense is to convert excess solar into hydrogen through electrolysers and put it into our existing natural gas network.
Solar gets fed into low voltage network locally, though when we buy electricity from another European country, it gets transported through a 10 Kilovolt main network at far greater power density and efficiency than the fine local 230/400v grid.
Its already happening here. Folks that rammed their roofs full of solar hoping to get rich, will get 1/20 of the price for their excess electricity during peak hours, vs what they pay when they need it back. Its quite a turmoil slowly unfolding to the general public.