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they are installing now smart meters with sim cards in Greece, and of course everyone started complaining, shaming the gov, claiming corruption, etc...

General population doesn't understand that fixed pricing includes an extra cost which is the risk that the electricity provider has to account for. That risk has a calculable price, which is passed down to the consumers. But because it's baked in the flat rate, nobody complains.

Smart/dynamic pricing actually benefits the consumer.



> Smart/dynamic pricing actually benefits the consumer.

No it doesn't. The customer has low risk appetite and would rather pay a premium for predictability.


Clearly the consumer should automatically trade futures as a hedge!


It does, but people are really bad at understanding it.

It's like how there's a substantial portion of the population that counts the best commute time ever as their commute time, and are perpetually late. "How can it take 30 minutes to get to work, one time it was only 15!" - ignoring the reality of traffic, subway delays, etc.




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