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> there is no centralized capacity market or centralized incentives for black start

There certainly is in New Zealand, although the dollar amounts are quite small. If your countries regulator doesn't incentivise the capability, I believe that is a fault of your regulator.

Transpower (NZ) says:

  We may enter into black start contracts with parties who can offer the black start service compliant with our technical requirements and the Code. Black start is procured on a firm quantity procurement basis (via a monthly availability fee and/or a single event fee for specified stations). Black start costs are allocated to Transpower as the Grid Owner (see clause 8.56 in the Code for details)
FYI: here's a list of other contracted services that are procured to benefit network reliability/restart/resiliancy: https://www.transpower.co.nz/system-operator/information-ind...


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