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- W4213130055 abstract "measures (ECMs) have some form of measurement – defined as a measured baseline establishment followed by at least one measurement of the main energy-saving parameter taken in the performance period for each ECM. The government’s in-house energy consulting office, the Federal Energy Management Program (FEMP), now recommends measurement of these “Option A” M&V ECMs throughout the contract term, usually annually. Moreover, a significantly higher percentage of projects are now characterized by more ambitious M&V, including Option B (all parameter measurement) for most generation (including renewable) and some efficiency measures, and more frequent Option C (whole facility utility bill analysis) for “deep retrofit” projects with multiple, interactive ECMs. Coincident with this progress in M&V has been a much greater embracing of ESPC by the federal agencies, resulting in the enormous rate of projects now executed. This paper traces the evolution of M&V in federal ESPC and argues that the heightened credibility of the savings has contributed significantly to the procurement vehicle’s long-term viability. This focus on savings integrity via M&V has been learned over two decades for U.S. federal ESPC, but countries with developing ESPC markets would be wise to emphasize it as their markets emerge, allowing them to avoid some of the “growing pains” experienced in the U.S." @default.
- W4213130055 created "2022-02-24" @default.
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- W4213130055 date "1996-02-01" @default.
- W4213130055 modified "2023-09-27" @default.
- W4213130055 title "Measurement and verifiction (M&V) guidelines for federal energy projects" @default.
- W4213130055 doi "https://doi.org/10.2172/226424" @default.
- W4213130055 hasPublicationYear "1996" @default.
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