Energy in Action! — ESCO

Energy Savings Measurement, Verification and the Importance of the IPMVP

Posted by Brian Thumann on December 7, 2022

The International Performance Measurement and Verification Protocol (IPMVP) owned and updated by Efficiency Valuation Organization #evo is a framework for evaluating the performance of energy efficiency projects. It is designed to provide a global common language and set of standards for measuring, verifying, and reporting the performance of such projects. This makes it possible for all stakeholders in the energy efficiency market, including energy users, utilities, energy service companies, and state energy offices, to compare the performance of different projects and make informed decisions about investments in energy efficiency.One of the key benefits of the IPMVP is that it allows...

Measurement & Verification: At the Core of Energy Performance Contracting

Posted by Denis Tanguay | Pierre Langlois on May 3, 2022

In an EPC, each contracting parties has access to different knowledge. Indeed, ESCOs naturally know more about equipment performance than the owner or the financier and are in an excellent position to take the retrofit performance risks. On the other hand, building managers has knowledge and control over operational issues such as usage, hours of operation, occupancy, etc. Thus, facility's owner are naturally well-positioned to take responsibility for the operational risks associated with an EE project. Finally, when a third-party financier provides project funding, it has specific information regarding financial investment risks and tolerance factors.

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