The Investor Confidence Project works with a network of Allies to standardize deal-flow and investment in energy efficiency projects leveraging the ICP Energy Performance Protocols.
The Noesis website operates as a platform intended to connect energy efficiency projects requiring third-party funding with financing lenders. Their software provides a framework whereby energy professionals can submit their project definition in a standardized format, and forecast energy savings potential through the use of industry-standard guidelines, allowing evaluation by Noesis financial partners.
The Investor Confidence Project is currently working with a growing network of Project Allies to integrate their protocols as an important component of the evaluation process. The ICP protocols, funded by the Environmental Defense Fund, define best practice engineering protocols for energy efficiency projects, in order to provide for more stable, predictable and reliable savings outcomes. The protocols address baseline development, savings calculations, design, construction and commissioning practices, operations, maintenance and monitoring, and M&V.
The intent is that the ICP protocols will, as the name suggests, help to provide investor confidence in potential energy efficiency projects. ICP is working with a wide range of allies to establish a standardized and robust process for evaluation of the financial stability and potential of efficiency projects, allowing for fast, reliable and consistent connections between potential projects and financial lenders.