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Released: 20.11.2023

IEEE 3810-2023 - IEEE Standard for Framework of Energy Market Simulation

IEEE Standard for Framework of Energy Market Simulation

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Standard number:IEEE 3810-2023
Released:20.11.2023
ISBN:979-8-8557-0322-1
Pages:24
Status:Active
Language:English
DESCRIPTION

IEEE 3810-2023

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

The purpose of this standard is to define an energy market simulation and green finance business management solutions 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 strategies.

New IEEE Standard - Active. Requirements on the simulation of renewable, nuclear, and fossil-based energy sources are specified in this standard. These simulations aid the financing and management of green energy businesses. The simulation scope, simulation participants relationship parameters, simulation tools, simulation data type, simulation data format, and simulation outcome verification are specified.