IEEE 3810-2023

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

standard by IEEE , 11/20/2023

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Scope

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.

Purpose

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.

Abstract

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.

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