What’s a Deep Energy Efficiency Retrofit Anyway?
The practical challenge with deep retrofits is that they’re really complex to model—which makes them harder for customers to believe.
JON GUERSTER : OCTOBER 8, 2012
Last week I attended an EDF-sponsored workshop discussing the firm's new Investor Confidence Project (ICP). The ICP is focused on encouraging more lenders to finance the building energy efficiency market.
Just as mortgage-backed lenders need evidence that underlying mortgages are being paid, lenders for comprehensive energy efficiency projects need data to show that these loans will “perform.” So the ICP asks market participants to voluntarily provide their current energy project performance data using their newly developed Energy Efficiency Performance Protocol (EPP). The EPP gives everyone a standard way to present their energy savings performance, which allows this anonymous, pooled data to be reported to the investor community.
With a focus on comprehensive building energy savings, the EPP defines deep retrofits as “projects with sufficient depth necessary for pre- and post-retrofit meter data yields (i.e., savings can be anticipated to be of greater magnitude than noise).”
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The practical challenge with deep retrofits is that they’re really complex to model—which makes them harder for customers to believe.
JON GUERSTER : OCTOBER 8, 2012
Last week I attended an EDF-sponsored workshop discussing the firm's new Investor Confidence Project (ICP). The ICP is focused on encouraging more lenders to finance the building energy efficiency market.
Just as mortgage-backed lenders need evidence that underlying mortgages are being paid, lenders for comprehensive energy efficiency projects need data to show that these loans will “perform.” So the ICP asks market participants to voluntarily provide their current energy project performance data using their newly developed Energy Efficiency Performance Protocol (EPP). The EPP gives everyone a standard way to present their energy savings performance, which allows this anonymous, pooled data to be reported to the investor community.
With a focus on comprehensive building energy savings, the EPP defines deep retrofits as “projects with sufficient depth necessary for pre- and post-retrofit meter data yields (i.e., savings can be anticipated to be of greater magnitude than noise).”
Read Complete Post on GREENTECH ENTERPRISE
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