IEEE 762-2023 ✓ Most Recent

This standard is intended to aid the electric power industry in reporting and evaluating electric generating unit reliability, availability, and productivity. It was originally developed to overcome difficulties in the interpretation of electric generating unit performance data from various systems and to facilitate comparisons among different systems. The standard also makes possible the exchange of meaningful data among systems in North America and throughout the world. It includes both indexes for unit performance analysis, which exclude outages or deratings owing to resource unavailability, and indexes for system reliability analysis, which include outages and deratings owing to Resource unavailability as well as equipment unavailability. The distinction recognizes that Resource unavailability affects the contribution of a Unit to system reliability, but is not something for which plant management should be held responsible.