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 Measures (ECM). The Measurement and Verification process empowers the energy savings conveyed by the ECM to be separated and reasonably assessed. A key piece of the M&V procedure is the improvement of a 'M&V Plan', which characterizes how the saving analysis will be conducted before the ECM is executed. This gives a level of objectivity that is missing if the funds are just assessed after usage.
Base line study
Preparation of baseline energy consumption before implementing the energy conservation measures.
Baseline energy study report containing energy consumption details, production details, operating parameters and factors affecting energy consumption
Development of M&V plan
To make a process and methodology for verifying energy savings after implementing energy conservation measures
Preparation of M&V plan which includes verification methodology, baseline parameters, assumptions, factors to be considered for adjustment during verification, verification period, interval of verification and metering system required for verification
Check the actual savings achieved after implementation of ECMS
Verification of savings as per M&V plan, find the deviation in savings if any, do the adjustment in savings to incorporate deviation in baseline conditions and submission of verification report
Verification of savings in predefined interval continuous online verification
Monitoring of energy consumption and key parameters online and verification of savings and submission of reports in the predefined interval
For M&V 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
Benefits of Measurement & Verification
An essential advantage of Measurement and Verification (EM&V) process is that it determines which energy conservation measures as well as projects have met their goals, which ones are cost-effective and what changes could enable the projects to be more effective. An appropriately composed EM&V plan will give the project manager the capacity to alter the direction of the project as issues grow, in this manner proactively upgrading program execution.