Stop switching elements, as in for the turn they are delayed. I think you misunderstood me, it will work like this: (assuming life mark and aether pendulum)
Generates aether
Fails to generate aether due to Satellite
Generates life
It will simply not switch elements when affected by Satellite, then will switch the turn after.
Hmmm I see where you are going.
This will still be a pretty significant impairment of pendulums... But at least it won't make them 100% impotent.
...Metagame wise, I would wager that this card would trigger a major boost in the number of decks that rely on Immolate, nova, and quanta generating creatures.
So basically, Mono's and Rainbow rushers.
Duos (and monos for elements that lack non-pillar production) will get shafted.
That aside, this card is going to be funky to balance.
On the one hand, it severly cripples quanta production. Making it a very strong effect that deserves a high cost.
On the other hand, if you give this card a high cost it will not be seen till late-mid game. This is a problem since quanta denial is most effective early on.
Lastly, this card will hit

very hard since that element has no means of quanta production outside of pillars and pendulums... Why would anyone want to shoot themselves in the foot like that?