"Verify Energy Savings With Measurement & Verification "
Measurement and Verification (M&V) is a process, which is used to determine energy and demand savings. Measurement and Verification (M&V), is a procedure for evaluating the exact effect on energy utilization of an Energy Conservation Measure (ECM). The Measurement and Verification process empowers the energy savings conveyed by the ECM to be separated and reasonably assessed. The impacts of short-term and long-term energy conservation measures can be demonstrated in a better way by conducting a proper measurement and verification. By comparing the estimated energy savings which were expected after the implementation of an energy conservation project and the data collected through measurements during the M&V process, actual energy savings achieved over a period can be found out.
A key piece of the M&V procedure is the improvement of 'M&V Plan', which characterizes how the saving analysis will be conducted before the ECM is executed. M&V plan will address basically proposed savings, risks, financial assessments, energy conservation measures and certain operational expectations. This gives a level of objectivity that is missing if the funds are just assessed after usage. We have well-experienced Measurement and Verification professionals who are experts in developing and implementing M&V plans.
Development of M&V plan
For Measurement and Verification services, we basically follow International Performance Measurement and Verification Protocol (IPMVP) as the basis, which has become the internationally accepted standard for quantifying the results of energy saving. Our energy efficiency experts use this methodology as part of a broader energy efficiency measurement and verification program that covers:
1) Compilation of reference database
2) Establishment of baseline
3) Development of an M&V plan
4) Energy saving verification
5) Issuing of M&V reports
6) Monitoring of long-term energy savings