Utility Rates, Grid, and Markets
Black start is the ability of a generator or system to start without an outside electric supply and help restore the grid. It is mainly a grid restoration concept, but it matters for resilience discussions and some backup-generation narratives.
Affected system is a neighboring or related electric system that may be impacted by a project even if it is not the direct interconnecting provider. Affected-system studies can add cost, timing, and uncertainty to large-load or generation projects.
Read definition →Ready for Service is a commercial milestone when contracted space, power, cooling, connectivity, and supporting infrastructure are available under agreed conditions. It should be defined precisely because rent commencement, service credits, and damages may depend on it.
Read definition →Right of First Refusal gives the holder the right to match a third-party offer the owner is willing to accept. It can protect strategic land or capacity positions, but timing and matching mechanics must be carefully drafted.
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