← All glossary terms

Utility Rates, Grid, and Markets

Curtailment

Curtailment is a required reduction in load or generation output due to reliability, economic, contractual, or system conditions. For powered land, curtailment risk affects bankability, uptime planning, tariff selection, and backup-fuel strategy.

Explore more terms

Interconnection facilities

Interconnection facilities are the facilities between the project and the point of interconnection needed to physically and electrically connect. They are usually distinct from broader network upgrades that benefit or affect the transmission system.

Read definition →

Downtime

Downtime is time when a system or service is unavailable under the applicable definition. Downtime cost can include lost revenue, SLA credits, customer churn, operational disruption, and reputational damage.

Read definition →

Uptime

Uptime is the time a system is operating and available for use. In commercial discussions, uptime claims should be tied to specific infrastructure, time period, measurement method, and exclusions.

Read definition →