IEEE Draft Recommended Practice for Techno-Economic Metrics of Grid Power Generators and Energy Storage Systems

This recommended practice defines techno-economic terminologies used in the construction and operation of low carbon power generator and energy storage systems. There is no consistent definition of techno-economic terminologies that have arisen in the evolution of low carbon power generator and electrical energy storage technologies. The terminologies will support stakeholders in using a common language when planning standards and for understanding published industrial and technical reports.