1 IEEE Power Engineering Society IEEE Standard 762: Standard Definitions for Use in Reporting Electric Generating Unit Reliability, Availability, and Productivity.

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1 IEEE Power Engineering Society IEEE Standard 762: Standard Definitions for Use in Reporting Electric Generating Unit Reliability, Availability, and Productivity.

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1 IEEE Power Engineering Society IEEE Standard 762: Standard Definitions for Use in Reporting Electric Generating Unit Reliability, Availability, and Productivity Status Report of activities General Meeting Denver, CO, USA – 6/8/2004

2 IEEE Power Engineering Society Working Group Scope: Consider revisions to existing 1987 Standard and produce a draft for approval through the IEEE ballot process.

3 IEEE Power Engineering Society Formed by the Risk, Reliability and Probability Applications Subcommittee per a request by Mike Curley, Manager of GADS services at NERC. A Task Force was formed in 2002 and upgraded to a Working Group per Standard Association requirements. Monthly teleconference/Web Conference meetings held since July 2002.

4 IEEE Power Engineering Society Official Roster indicating all WG participants. Minutes kept by Secretary and accepted by group. Many interested parties informed via . All Teams have finished their work assignments. A preliminary draft is available among the WG participants. A draft will soon be posted for all interested parties to review and comment. The IEEE web page for this working group is at: Draft to show examples in Annex/notes portion of Standard.

5 IEEE Power Engineering Society Schedule of future activities 1.The Project Authorization Request should be final in September Based on comments received, WG will assess/make revisions and submit to SA for balloting. – October Submission to Standards Association for balloting and approval process - October WG to answer all comments in balloting process Subcommittee – November to Feb 2005

6 IEEE Power Engineering Society Topics Considered for Revisions Outside Plant Management Pooling Methodologies Commercial Availability Concept Equivalent Demand Forced Outage Rate and Demand Forced Outage Rate Energy-weighted calculations for group performance Indexes

7 IEEE Power Engineering Society Topics Considered for Revisions Synchronous Condensing/Pumping Hours in FOR & EFOR Unweighted (Time-based) calculations for group performance Indexes Update relationships between unit states Update terms and abbreviations