Assessing and Measuring the Performance of Energy Efficiency Projects

Energy efficiency is a cost-effective solution to meet energy, climate change, and sustainabledevelopment goals and critical for supporting access to affordable, reliable, and sustainableenergy services in developing countries. The energy efficienc...

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Main Author: Energy Sector Management Assistance Program
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/531691498680679016/Assessing-and-measuring-the-performance-of-energy-efficiency-projects
http://hdl.handle.net/10986/28402
id okr-10986-28402
recordtype oai_dc
spelling okr-10986-284022021-05-25T09:48:33Z Assessing and Measuring the Performance of Energy Efficiency Projects Energy Sector Management Assistance Program ENERGY EFFICIENCY BENEFITS MEASUREMENT Energy efficiency is a cost-effective solution to meet energy, climate change, and sustainabledevelopment goals and critical for supporting access to affordable, reliable, and sustainableenergy services in developing countries. The energy efficiency potential is vast and largelyuntapped across the world. This is widely recognized by most governments, the developmentcommunity, and international organizations, and forms the foundation of global initiatives such asSustainable Energy for All. The benefits of improving energy efficiency are multiple, but so are the barriers. There is no silver bullet, but recognizing the multiple benefits of energy efficiency - including energy savings, as well as others and making them more visible and credible is an integral part of the solution. If demonstrated suitably, these multiple benefits can motivate stakeholders to invest and participate in energy efficiency programs. The report makes the case that M&V should be a critical aspect of any energy efficiency project or program in order to ensure value for money, justify continued or increased funding, as well as provide the basis of performance-based payment mechanisms. M&V is essential to assess resource savings and to ensure that savings persist over time. Energy efficiency practitioners use M&V for several reasons, such as, to: improve engineering design and project costing; enhance energy savings through adjustments in facility operations and maintenance; document financial transactions; enhance financing for energy efficiency projects; and support development of broader energy efficiency programs. 2017-09-25T21:12:41Z 2017-09-25T21:12:41Z 2017-03-01 Report http://documents.worldbank.org/curated/en/531691498680679016/Assessing-and-measuring-the-performance-of-energy-efficiency-projects http://hdl.handle.net/10986/28402 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: ESMAP Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ENERGY EFFICIENCY
BENEFITS
MEASUREMENT
spellingShingle ENERGY EFFICIENCY
BENEFITS
MEASUREMENT
Energy Sector Management Assistance Program
Assessing and Measuring the Performance of Energy Efficiency Projects
description Energy efficiency is a cost-effective solution to meet energy, climate change, and sustainabledevelopment goals and critical for supporting access to affordable, reliable, and sustainableenergy services in developing countries. The energy efficiency potential is vast and largelyuntapped across the world. This is widely recognized by most governments, the developmentcommunity, and international organizations, and forms the foundation of global initiatives such asSustainable Energy for All. The benefits of improving energy efficiency are multiple, but so are the barriers. There is no silver bullet, but recognizing the multiple benefits of energy efficiency - including energy savings, as well as others and making them more visible and credible is an integral part of the solution. If demonstrated suitably, these multiple benefits can motivate stakeholders to invest and participate in energy efficiency programs. The report makes the case that M&V should be a critical aspect of any energy efficiency project or program in order to ensure value for money, justify continued or increased funding, as well as provide the basis of performance-based payment mechanisms. M&V is essential to assess resource savings and to ensure that savings persist over time. Energy efficiency practitioners use M&V for several reasons, such as, to: improve engineering design and project costing; enhance energy savings through adjustments in facility operations and maintenance; document financial transactions; enhance financing for energy efficiency projects; and support development of broader energy efficiency programs.
format Report
author Energy Sector Management Assistance Program
author_facet Energy Sector Management Assistance Program
author_sort Energy Sector Management Assistance Program
title Assessing and Measuring the Performance of Energy Efficiency Projects
title_short Assessing and Measuring the Performance of Energy Efficiency Projects
title_full Assessing and Measuring the Performance of Energy Efficiency Projects
title_fullStr Assessing and Measuring the Performance of Energy Efficiency Projects
title_full_unstemmed Assessing and Measuring the Performance of Energy Efficiency Projects
title_sort assessing and measuring the performance of energy efficiency projects
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/531691498680679016/Assessing-and-measuring-the-performance-of-energy-efficiency-projects
http://hdl.handle.net/10986/28402
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