IEEE P3810

IEEE P3810 IEEE Approved Draft Standard for Framework of Energy Market Simulation

standard by IEEE, 12/20/2023

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Full Description

Scope

This standard specifies requirements on the simulation of renewable, nuclear, and fossil-based energy sources. These simulations aid financing and managing green energy businesses. The simulation scope, simulation participants relationship parameters, simulation tools, simulation data type, simulation data format and simulation outcome verification are specified.

Purpose

The purpose of this standard is to define an energy market simulation and green finance business management solution with carbon neutrality targets and related requirements which will be used by energy market decision makers and financing and banking institutions to implement effective energy development and green finance strategy.

Abstract

New IEEE Standard - Active - Draft.

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