8. Lack of standardization results in:
Greater performance risk
Uncertainty limiting demand
Higher transaction costs
Difficult to build capacity
Difficult to aggregate
9. Investor Confidence Project Protocols
• Existing Building
• Weather File
• Energy Usage
• Energy Rates
• Model File
• Calibration Data
• Bid Packages
• BMS Points
• Fault Plan
• Maintenance Plan
• M&V Model
• Regression Model
• Cx Plan
• Cx Authority
• Test Procedures
• Facilities Req.
Protocols standardize best practice in
project development and
10. ICP EU Protocols
Whole building retrofit,
Whole building retrofit, no
Single or limited number of
6 European Building Protocols
available now and being applied.
22. DERISKING ENERGY EFFICIENCY PLATFORM (DEEP)
DEEP is an open-source initiative to up-scale energy efficiency investments in Europe
through the improved sharing and transparent analysis of existing projects in
Buildings and Industry.
Initially contains data for over 7,800 building and industry projects contributed by:
23. THE DE-RISKING ENERGY EFFICIENCY PLATFORM (DEEP)
EMERGING RESULTS - BUILDINGS
In buildings, single measures (e.g. Lighting or HVAC) payback in a median of 3 years, whereas projects
with deeper or integrated renovations (incl. building fabric measures) typically require over 11 years to
be paid back.
24. THE DE-RISKING ENERGY EFFICIENCY PLATFORM (DEEP)
EMERGING RESULTS - INDUSTRY
The median payback from over 2,700 DEEP contributed projects from Industry is 2 years
Many energy efficiency opportunities in industry have payback times below 3 years
27. The more strategic a proposed investment is, the more it contributes to
competitive advantage or the organization’s strategic objectives, the more
important it is and the higher the probability of a decision to invest.
Energy efficiency is rarely – if ever - strategic.
Non-energy benefits of energy efficency are much more strategic e.g.
- added asset value
- Job creation
- Health and well-being
- Improved productivity
- Improved sales
Therefore – value and sell non-energy benefits..
30. It is not surprising that proposed energy
efficiency investments are often turned
down – even when they have an attractive
financial return and low risks!!
31. How does this energy efficiency project
contribute to the strategic aims of the
organisation? (OR appeal to what is
important to the consumer)
- how does it add value?
- how does it reduce risks?
- how does it reduce costs?
32. How do we value non- energy benefits and
link these to strategic aims?
- work being done by IEA
- work being done by WGBC
Remember that benefits can be hard to
value in other areas as well.
• Involve finance at the beginning
• Standardize processes from beginning to end
• Learn the language of finance
• Stress non-energy benefits ahead of energy efficiency
• Think how this project contributes to overall strategic direction of the
– Value added to customers
– Risks (resilience)
– Cost reduction
• Value non-energy benefits
• Evaluate all risks