In Performance Contracts

► Inability of project partners to agree on an M&V Plan. [...] Create a document for use in the energy performance contracting industry.5 THE IPMVP IS THE RESULT OF A GLOBAL EFFORT BRAZIL Institute Nacional De Eficiencia Energetica Programa De Combate Ao Desperdicio De Energia Electrica Ministry of Mines and Energy BULGARIA Bulgarian Foundation for Energy Efficiency (EnEffect) CANADA Canadian Association of Energy Service Companies (CAESCO) Natural [...] Monitoring & Verification Routine activity that proves a project is operating as intended with a process of checking using defined methods, procedures, tests, and other evaluations. M&V ≠ M&V Measurement & Verification Process of planning, measuring, collecting, and analyzing data to verify and report energy savings within a facility resulting from implementing energy efficiency measures. [...] ▪ Project performance is often assumed – too costly to measure all projects. ▪ Applied for the contractual reporting of energy efficiency project results. ▪ Under the IPMVP, measurement is compulsory. [...] ► M&V is the meter of energy efficiency projects. ► M&V addresses the accuracy of energy savings calculation. [...] ► The measurement of uncertainty is quantifying doubt and provides insights into a project. [...] ► M&V allows project risk allocations in a structured and repeatable manner. [...] ► In EPCs, M&V reduces transaction costs through a consensus approach and recognized methodologies. How much will I save? [...] How long will the savings last? Two fundamental questions for a facility owner investing in energy efficiency11 IPMVP – CURRENT PROTOCOL DEVELOPMENT WORK IPMVP CORE CONCEPTS IPMVP APPLICATION GUIDES (REVISIONS AND NEW DOCUMENTS) Non-routine events and adjustments M&V and EPCs for facility owners Evaluation, measurement and verification Uncertainty assessments and statistics Advanced M&V M [...] Two days of complementary training on cashflow analysis and life-cycle cost analysis for different types of projects. Recap exam and certification16 IN SUMMARY ► IPMVP forms a solid basis for contractual agreement about risk sharing in ESCO projects – underpinning confidence in performance contracting ► As the developer and owner of IPMVP, EVO provides a consistent, internationally agreed, o