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Assessing and Measuring the Performance of Energy Efficiency Projects
The report makes the case that M&V should be a critical aspect of any energy efficiency project or program in order to ensure value for money, justify continued or increased funding, as well as provide the basis of performance-based payment mechanisms. M&V is essential to assess resource savings and to ensure that savings persist over time. Energy efficiency practitioners use M&V for several reasons, such as, to: improve engineering design and project costing; enhance energy savings through adjustments in facility operations and maintenance; document financial transactions; enhance financing for energy efficiency projects; and support development of broader energy efficiency programs.
It is produced as part of the City Energy Efficiency Transformation Initiative (CEETI) of the Energy Sector Management Assistance Program (ESMAP) to develop global and practical knowledge to support Energy Efficiency in developing countries. Funding was provided by ESMAP and the Climate Change Cross Cutting Solutions Area (CC-CCSA) of the World Bank Group. IIEC team, led by Sanjay Dube, contributed to the sections of the review of measurement and verification (M&V) protocols provided in Chapters 2, 3, and 5. To download this publication, please visit https://www.esmap.org/node/74447.