M&V - the ESCO approach Measurement and Verification of Energy Efficiency Projects Association of Energy Engineers Technical Round Table Series, III

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1 Marco Clerx, P.E., CEM, CMVP April 8, 2014 M&V - the ESCO approach Measurement and Verification of Energy Efficiency Projects Association of Energy Engineers Technical Round Table Series, III

2 ESCO M&V World View Monitor Performance Monitor & Manage Risks Maintain Customer Satisfaction Over a long run of years Any opinion, findings, and conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of Honeywell Intl, Inc. 2

3 Industry Descriptions related to M&V Measurement & Verification is the process of using measurements to reliably determine actual saving created within an individual facility by an energy management program. [Ref: IPMVP Vol. 1, 2012, Ch 2, p. 4] transparently, reliably and consistently reporting a project s savings. [Ref: IPMVP Vol. 1, 2012, p. viii] g defines the measurements and computations to determine payments or demonstrate t compliance with a guaranteed level l of performance. [Ref: IPMVP Vol. 1, 2012, App. D, p. 117] to improve savings, achieve greater persistence of savings over time, and lower variations in savings [Ref: IPMVP Vol. 1, 2012, Ch 2, p. 5] 3

4 Industry Descriptions related to M&V...M&V can:. Reduce uncertainties to reasonable levels Monitor equipment performance Find additional savings Improve operations and maintenance (O&M) Verify that t the cost savings guarantee is met Allow for future adjustments, as needed [M&V Guidelines: Measurement and Verification for Federal Energy Projects, Version 3.0, April 2008, p.2-1] reliably measuring the energy and demand d savings due to building energy management projects. [ASHRAE Guideline , p. 4] A critical aspect of the savings measurement for this purpose p is its timeliness. [ASHRAE Guideline , p. 4] 4

5 ESP over the Long Run 5

6 ESP over the Long Run 6

7 M&V Risk Management 7

8 ESP M&V Over the Long Run Performance & Customer Satisfaction & Risk Mgmt Base - Current Adjustments Technical Technical Technical Financial Financial Financial Agreements Agreements Agreements Relationship Relationship Relationship 8

9 ESCO M&V Program Parameters 9

10 Technical 10

11 Financial 11

12 M&V Plan & Operational Agreements 12

13 Relational 13

14 M&V Evolves As-Is Future Result Monitor Performance Manage Risks Monitor Customer Satisfaction Maximize Customer Satisfaction Minimize Risks Increase Energy Savings Find Energy Savings Improve O&M 14

15 Honeywell.com M&V Increases Energy Savings Chiller1 Runtime vs. Evap Sup/Ret Temps Chiller 1 Chiller 1 temperature temperature difference difference with carrying the Chiller 3 also entire load. running the load =On / 50=Off Temperature C deg :30:00 14:30:00 15:30:00 16:30:00 17:30:00 18:30:00 19:30:00 20:30:00 21:30:00 22:30:00 23:30:00 00:30:00 01:30:00 02:30:00 03:30:00 04:30:00 05:30:00 06:30:00 07:30:00 08:30:00 09:30:00 10:30:00 11:30:00 12:30:00 13:30:00 14:30:00 15:30:00 16:30:00 17:30:00 18:30:00 19:30:00 20:30:00 21:30:00 22:30:00 23:30:00 00:30:00 01:30:00 02:30:00 03:30:00 04:30:00 05:30:00 06:30:00 07:30:00 08:30:00 09:30:00 10:30:00 11:30:00 12:30:00 13:30:00 14:30:00 15:30:00 16:30:00 17:30:00 18:30:00 19:30:00 20:30:00 21:30:00 22:30:00 23:30:00 00:30:00 01:30:00 02:30:00 03:30:00 04:30:00 05:30:00 06:30:00 07:30:00 08:30:00 09:30:00 10:30:00 11:30:00 12:30:00 13:30:00 14:30:00 15:30:00 16:30:00 17:30:00 18:30:00 19:30:00 20:30:00 21:30:00 22:30:00 23:30: Chiller 1 on or off Chiller 1 Evap Sup Temp Chiller 1 Evap Ret Temp Controller Information Alarm Events Status/Temp Trending kwh Trending Service Call Trending Automation Programming Corporate Standards Multiple Controller Inputs Equipment Efficiency Calculations Energy Benchmarking Historical Referencing Alarm History Review Trend Review PM Performance Tracking Service History Review Multiple Controller Capabilities Equipment Commands Program Alterations Service Dispatching Dispatch Tracking Confirm Programming Standards Provide Recommendations Status Review Bypass Utilization Review Report Generation Remote Resolution Increased Uptime Lower Equipment Runtime Adherence to Corporate Standards Targeted Service Prioritized Service Management Increased Knowledge of Building Ops Increased Productivity Maximized Equipment Life Better Performance to Goals Better PM Performance Lower Energy Costs Increased Responsiveness 15

16 Thanks for listening! Marco Clerx Americas M&V Process Leader 16