> Market prices in the electricity grid do not work to incentivized lower consumption, and the latest few energy crisis in EU has demonstrated that clearly.
The prices haven’t changed much, less than factor 2. Far too little to see any change in consumption indeed. If bread is too expensive to produce during some periods switch to Knäckebröd or Müsli products that, now I think of it, are Swedish probably for the reason that they can be stored for prolonged periods and replace bread when that is unavailable in harsh wintertimes.
> right now Hydro energy is being primarily sold off by private actors
It happens all over the world, https://en.wikipedia.org/wiki/Commons is an alternative that historically has been successful.