Correct. A few days ago, Spain was bragging that they had managed to run on 100% VRE for a few hours (likely netted, as I assume they didn't shutdown their nukes for example). The consequence of this, as you note, is that you are relying on mostly non-inertial sources, so if you have a disturbance in this scenario, you have next to nothing to absorb it, frequency poops the bed and you get a cascading collapse.
Yep. It’s no different than sizing a diesel generator to handle block loading. The generator needs to handle inrush currents from motors, etc or the voltage and frequency go haywire and you drop load. Somebody forgot to tell the policy makers (politicians) about science, physics and common sense. Play stupid games win stupid prizes.