If I recall there was also a news story for one of the southern US states where power was free at certain times, due to all the wind/solar output.
Was it Texas ?
This is an example where a internet linked system in every home would be an advantage.
If there is an excess of power (especially renewable power), then increase demand.
For instance, set the electric car to recharge, home battery storage, hotwater heater.
If an aircon is running but the thermostat has switched the compressor out, bypass the thermostat for a brief period.
Problem is it needs to be selective, as turning everything on would blow fuses. So you have priorities:
1. Energy storage built without a renewable power input (no solar panels, wind etc).
2. Electric cars (but beware of high power draw).
3. Heating/Cooling (minor changes to operation).
Fun and games start when you compare start up times, Power Factor etc of various devices.
If you have a short spike in demand/price (up or down), then anything with a relay may not be fast enough.
So you need highspeed, low latency network connections to do this. *
As you need to be able to switch rapidly to avoid making the grid unstable.
Which means fibre, I know Germany does have a lot of VDSL over copper lines.
*Rules out Australia as we are currently building a shitty non fibre based broadband network, due to corrupt politicians.