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ICP Introduces Improved Targeted Protocols

6/16/2016

The Investor Confidence Project (ICP) is pleased to release a new and enhanced second version of the ICP Targeted Commercial and Targeted Multifamily Protocols. Once again, we would like to thank our vast network of stakeholders in both the United States and European Union for the thoughtful feedback through this process.

With the introduction of ICP Investor Ready Energy Efficiency™ project certification in the marketplace, stakeholder feedback has provided input resulting in the release of the 2.0 version of both the Targeted Commercial and Targeted Multifamily Protocols. ICP would like to thank all the members of both the ICP North America and ICP Europe technical forums, diverse program partners including PG&E and NYSERDA, and various stakeholders from both continents for providing input and effort to further develop the ICP System.

This 2.0 version of the Targeted Protocols incorporates a number of key improvements including:

Seperation of requirements into Underwriting and Performance Periods
Introducing retrofit isolation to satisfy baseline for specific energy conservation measures
Allowing an Option C approach for Targeted M&V
Introduction of portfolio based M&V utilizing normalized metered savings
A revised engineering certification and checklist

The Targeted Protocols strike a balance between engineering rigor and efficiency to allow ICP standardization of very simple projects with limited measures and interactivity. This version of the protocol incorporates suggestions that focus on making the protocol even easier to utilize and implement. Relevant changes from this protocol will be applied to the ICP Standard and Large protocols in the near future as ICP’s Technical Forum turns its attention to revising other protocols. If you are already a member of the ICP Technical Forums - stay tuned.

If you would like to be involved in the on-going development of the ICP Protocols and ICP System, please sign up!

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ICP Launches Investor Ready Certification

6/7/2016

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After years of work, and countless hours provided by dedicated stakeholders, EDF’s Investor Confidence Project (ICP) is proud to announce the launch of the Investor Ready Energy Efficiency™ (IREE™) Certification. This certification represents the final component of the ICP System and provides building owners and investors at-a-glance confirmation of an energy efficiency project’s level of quality in engineering and projected financial returns.

Supporting this launch is the release of a number of Investor Ready Energy Efficiency (IREE™) project profiles that demonstrate the range of projects undergoing certification and how ICP credentialed providers are integrating ICP into their business models.

The profiles also illustrate how the ICP System is deployed in the marketplace to add value to project origination for developers, investors, building owners, program managers and others. ICP would like to thank the following ICP Credentialed Project Developers who participated in the development of the initial IREE project profiles:

The ICP System is gaining momentum and these initial projects represent the tip of the iceberg.

"ICP creates a standard approach...The protocols will provide the investment community with the confidence that projects will yield actual benefits and results similar to those that were predicted.”
- Andrew Brooks, AEA

ICP creates confidence in energy efficiency project performance, and Bright Power is proud to deliver one of the first IREE projects.”
- Jeffrey Perlman, Bright Power

"ICP protocols provide a much needed industry standard for project development and align with JCI’s engineering and development practices providing owners and investors greater confidence.”
 - Robert Mitchell Jr., Johnson Controls

“These projects are multi-year commitments for NorthWrite, our financing and insurance partners and our customers. The ICP certification process gives all parties an additional level of scrutiny and verification of the key project engineering and financial metrics before committing to the project.”
- Dave Burchfield, NorthWrite

“As investors that provide capital under pay for performance structures, ICP's Investor Ready Energy Efficiency™.certification allows us to underwrite investments more quickly, easily and accurately.”
- Maria Fields, Joule Assets

"Incorporating ICP into our existing processes. not only validated the rigorousness of our own development methods, but it also gives comfort to future co-investors regarding the quality of our projects.”
- Steve Gossett Jr., SCIenergy

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ICP Introduces Improved Targeted Protocols

ICP Launches Investor Ready Certification

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