That is the classic death spiral for power companies who have their heads in the sand. They will lose revenue over time because of the economics of solar generation.
I believe so...
Local power grids are WAY more economical, less prone to damage/outtages, have WAY less power losses...
And let's face it, we have reached the point where this stuff is almost 'Plug & Play'.
Around 2000 the government/military had a study done, the military/DOD listened to the experts and started local sustainable power grids. Wind, solar, even a chicken shit/methane bio reactor in Delaware since they raise so much poultry...
I grew up (and still live in) coal country. The shallow coal, that nature spent millions of years washing many of the contaminants out of... Is just flat gone.
What's left is dirty, deep, dangerous and expensive to extract. The previous transportation system, barges on rivers that are half dry now, rail cars on tracks the train companies refuse to maintain/upgrade, trucks that diesel fuel has topped $5 a gallon, and is still $4 a gallon in many places, the cost of trucks, trailers, taxes, insurance, etc has priced that transportation too high...
And thats before you consider how corrosive coal is to the power plants requiring rebuilds often, the exhaust pipe pollution, the fly ash disposal after coal burned...
No wonder power plants have switched to methane pipelines that deliver 24/7/365 without complaints, derailments, disposal fees, longer life on the generation equipment, etc. It's really a no-brainer if you want to increase business profits...
Coal is dying a slow, but unnatural death since politicians are involved. If it was actually free market, it would be dead already.
These HUGE power grids are rapidly becoming unsustainable because of the resources required to build/maintain them and the increasing cost of those resources/finished products. Frankly put, they are no longer the ONLY game in town, the ONLY choice, and the ONLY way not to sit in the cold & dark.
As charge density increases in new battery technology, you can already power a reasonable size home off something the size of a large coffee table, this lop-sided disconnect in logic will get worse.
If CATL and a couple other makers are truthful, they just doubled charge density, that's literally a complete game changer. Not in production yet, but it's supposed to be coming... (I'm not holding my breath, but I'm hopeful)
Here is something interesting if you like battery porn...
The mainstay material of electronics is now yielding better energy storage
spectrum.ieee.org