So what most people (including Robert) miss is that they have cause-and-effect backwards. The low bids from renewables exist only *because* the system allows them to be placed without penalty.
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If the bidding system were changed (in the way 90% of people seem to think would be an "obvious" fix) the price wouldn't suddenly be set by today's low bids. Instead those low bids would instantly evaporate and we'd be paying AT LEAST the same price.
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I say "at least" because in a paid-what-you-bid system inevitably there will be times when renewable suppliers will guess too high and lose -- meaning we'd ramp up gas burning and curtail wind/solar for that bidding round.
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