I agree on all points. This is a short term cost saving measure at the expense of long term energy security. Batteries do help smooth the considerable volatility introduced by renewable generation, but unless they want a significant share of houses and industrial sites to have large batteries (which would cost FAR more than just keeping the power stations online), they still need base load generation.

Unless this is very carefully managed (and I do not think governments are generally capable enough), this will result in a lot of new problems. One will be major difficulties in developing new housing (or intensification) due to lack of electricity supply. Another will be insufficient supply during 99th percentile events in which home batteries alone will be insufficient to close the gap. Another will be distribution. Some neighbourhoods will have higher battery penetration than others, and this happens organically and without the permission of the grid companies. That's very difficult to plan around. Some areas are going to be secure, and others will not, unless the grid purposefully oversupplies, negating the potential cost savings.

Batteries are good at marginal demand smoothing, but I am very dubious about shutting down energy generation. Especially at this time. All analysis points to the reality that due to technology demands, we're facing an imminent power generation crunch. Prices are going to rise everywhere and demand will only increase.