All that says is that you have no idea how generation is currently dispatched. Solar is already dispatched outside the bidstack, as is wind (subject to network constraints). All your suggestion would do is force hydro to generate when it didn't want to.
In any case, we've already got a formula which combines price with emissions. It's a $23 / tonne carbon price which is supposed to make lower greenhouse emissions technology cost-competitive with fossil fuels. It doesn't, but that's another story.
If it gets to the point where this type of energy is even approaching mainstream, surely mandated fixed feed in tarrifs cannot work.
If you build a wind turbine providing intermittant power for $X and acme energy build a gas turbine for $Y dollars. Acme may sell less power because of the wind turbine, but they will still want to recover their capitol. So you will have 2 organisations wanting to recover $X+$Y in the same time frame. Perhaps the $X would be better spent making the gas station more efficient.