Title Measurement and Verification.pdf ✅

Competency Course on Energy Audit 6/29/22 MPA/EFA 1 Principles, Approaches and Best Practices for Energy Management and Energy Audit Measurement and Verification (M&V) Eugene Araullo, PEE, ACPE, PMP, EnMS National Expert, CEAI Energy Research & Program Dev Director, MPA Technology Adviser, Spectrum Board of Trustee, PIEMPI 1 Our Learning Objectives Appreciate, understand and apply the concepts of M&V in our energy audit practice: • Appreciate the industry accepted standards and practices for M&V following the International Performance Measurements and Verification Protocol (IPMVP) and ASHRAE Guideline 14-2014. • What are the processes for M&V, the various approaches in establishing baseline performance to verify savings, cost reduction and projected improvements. • Use M&V concepts in energy management and audit practices • Potentially consider M&V concepts in addressing performance verification in environmental emissions, waste, risks mitigation and support sustainability and resiliency. 2
Competency Course on Energy Audit 6/29/22 MPA/EFA 2 Measurement and Verification (M&V) M&V is the process of using appropriate methodology, measurements and technique to reliably determine actual savings (energy consumption and cost savings) following the energy management programs and projects within the facility. This is also in support of the environmental and sustainability program of the country in accordance to the SDG and ESG agenda. 3 Purpose & Benefits of (M&V) • Accurately and objectively assess energy savings for a project or program • Monitor ESCO/Contractor service performance •Allocate risks to the appropriate parties •Reduce uncertainties to reasonable levels •Improve operations and maintenance (O&M) • Verify cost savings guarantee based on the contract •Allow for future adjustments, as needed and agreed •Avoid conflicts and misrepresentation 4
Competency Course on Energy Audit 6/29/22 MPA/EFA 3 Why Consider M&V It is a Risk Management Strategy for ESCO, Client Company and other Stakeholders Helps Verify Performance: •Potential Financial Risks: Forecasted cost and savings, interest rates, energy prices, construction costs, M&V costs, delays, etc. •Operational Risks: Changes in Operating Hours, Loading, Weather, User Participation, Externalities. •Performance Risks: Project objectives not met, Equipment performance issues, Issues in Operations, Maintenance and Repair, Equipment Replacement, etc. 5 Why Consider M&V ? Ø Needed to ensure that anticipated or guaranteed performance can be achieved and that the cost savings are realistic Ø To have a common definitions, terminology and procedures on M&V for energy-efficiency projects Ø Improves communication and understanding among project implementing partners/stakeholders Ø Provides a risk management tool for financiers Ø Minimizes disagreements and disputes Ø Facilitates persistence of energy savings 6
Competency Course on Energy Audit 6/29/22 MPA/EFA 4 Who Should Conduct M&V? M&V Project Host Project Implementer Third Party 7 Assessment of Energy Savings? 250,000 500,000 750,000 1,000,000 kWh BaselinePeriod PerformancePeriod Month 0 20 40 60 80 100 1 20 1 40 Be1fore A2fter Sav3ings Simple Not sosimple 8