But I wonder how loudly they will be cheering when electricity becomes a luxury good.I don't know. Maybe you can tell us...
When electricity is cheap, as it is in the USA, it will be heavily used, and this will cause more outages unless there is slack in the system. In the USA, we have the opposite problem of Germany’s — electricity prices are sometimes restrained to the point that utilities cannot increase capacity, and environmentsl barriers also slow additions to capacity. We could easily eliminate our outages by forcing less use, but that’s not what most Americans want.