Style guides is visual guidelines for design process and to maintain identity across multiple images. I found the style guide quite useful especially when creating your own moldboard and make a colour scheme. The different categories:
Design Pillers - A core principles of what you are trying to depict. Genre, location, low tech/high tech, wealth/poor
Shape language - What are the primitive shapes. Rectangular, circular and triangular shapes.
Detail frequency - Low, medium or high frequency detail
Tech - Material details, ex stone buildings, wooden props, clean and sleek.
Colour/materials/decals - Colour scheme and workout primary, secondary and accent colours (highlight).