he U.S. Department of Energy has released the third edition of the International Performance Measurement & Verification Protocol (IPMVP).
WASHINGTON, DC – T DOE says the new document will increase investor confidence in renewable energy by describing measurement and verification options to quantify the benefits of projects involving wind, solar, biomass and geothermal energy. For developing countries, the protocol offers cost-effective ways to construct energy efficient buildings, control the costs of new power and water treatment plants, and limit the costs of importing energy. The standard was developed in collaboration with hundreds of organizations and experts from 25 countries. The publication has become the international industry consensus standard for building energy efficiency measurement and verification. “Energy efficiency is the most cost-effective way for industrialized and developing countries to limit the enormous financial, health and environmental costs of burning fossil fuel,” says Energy secretary Bill Richardson. “By providing an international standard to measure energy savings, the IPMVP will help nations improve the energy efficiency of buildings, lower the cost of financing energy efficiency projects, increase energy savings, reduce pollution and improve public health.” Earlier editions of the protocol have already contributed to a reduction of several percentage points in the cost of energy efficiency financing loans, and saved energy. The department studied 1,000 building upgrades, and found those that followed strict protocol guidelines for energy measurement and verification before and after retrofits – had energy savings 50 percent higher than those with little or no measurement and verification. Estimates indicate that if all cost-effective energy efficiency improvements were made to public and commercial buildings in the U.S. in conformance with the protocol, within a decade, more than $10 billion in energy and water costs would be saved annually, 100,000 permanent jobs would be created, and greenhouse gas emissions would be significantly reduced. The protocol has been translated into Chinese, Russian, Spanish, Portugese, Czech, Korean, Japanese and several other languages.