WHAT IS IPMVP?

IPMVP – Overview

• Presents a framework and defines terms used in determining ‘savings’ after implementation of a project
• Specifies the topics to be addressed in an M&V Plan for a specific project
• Allows flexibility in creating M&V Plans, while adhering to the principle of:
  • Accuracy
  • Completeness
  • Conservativeness
  • Consistency
  • Relevance
  • Transparency

Benefits

• Defines standard approaches to measuring savings to reassure facility owners
• Legitimises ESCO projects through international recognition of the payment through savings
• Provides guidance on the trade-off between measurement “accuracy” and measurement cost
• Helps parties to create transparent, repeatable performance contract terms and emission trades regarding savings settlement
• Provides general, not specific guidance, and a framework under which specific methodologies are created and used.

IPMVP – what it is not

• IPMVP does NOT cover in details:
• Design of energy efficiency measures
• Design of meter and instrumentation systems
• Cost estimating of M&V activities
• Energy engineering
• Statistical analysis
• IPMVP is NOT a cookbook
• It still needs careful application to each project

Purposes of M&V

• Increase energy savings
• Document financial transactions
• Ultimately enhance financing for efficiency projects
• Improve design, operations and maintenance
• Account for variances from utility budget
• Support evaluation of efficiency programmes
• Educate facility users about their energy impacts
• Improve building rating scores

Put simply, M&V provides proof of the effectiveness of energy management.