KPIs, Benchmarking, and a Call for Industry Standards

A proposal for the metrics the industry should agree on before the lack of standardisation becomes a systemic problem.

• You can’t improve what you can’t measure: what are the three to five KPIs the industry should standardize first?
• Availability, round-trip efficiency, and state-of-health all mean different things to different stakeholders- how do we fix that?
• What would a benchmarking industry look like, and who would need to be in the room to make it work?
• How do large portfolio owners and utilities approach KPI tracking differently from single-asset operators, and what can the market learn from them?