It's not a binary question though. There is nothing wrong with the government interceding in a dysfunctional market, but the first step should be understanding what broke down and why.

Should the government intervene on the production side or the consumption side? Do we need more windmills and nuclear to compensate for Solar's instability, or just more storage?

Spain did an incredible job converting over to renewals. Then they had an extended outage because they hadn't properly considered reactive power difference between generators and solar/wind generation. Then, of course, the fossil fuel industry turned that into propaganda. Studies matter.