By Sanjiv SahaiIndia’s renewable energy sector is facing institutional challenges that need flexible solutions. AdvertisementBetween May and December last year, over two billion units of solar electricity, enough to power several million homes, were curtailed because the grid could not absorb them. A robust, functional electricity market, one with products that sellers and buyers want, is essential to manage this. Prices should fall when power is abundant at noon and rise when it is scarce in the evening, attracting whatever flexible generation or storage can respond. These are the real regulatory priorities rather than imagined problems of market dominance.