Measurement & Verification (M&V)
Measurement & Verification provides an overview of current best practice techniques available for verifying results of energy efficiency, water efficiency, and renewable energy projects. The field of ‘Measurement and Verification’ (M&V) has developed around the need to provide a structure to the process of objectively assessing an energy saving. Only by following a process like this we can be sure we have taken all necessary steps to take external variables into account. Done properly, M&V provides us with a ‘savings meter’, allowing energy efficiency to be valued alongside renewables as a source of clean energy in its own right.
M&V is an active and on-going process. In a generic sense, M&V is what good facility staff should do continuously: measure energy performance, make changes to their energy infrastructure and/or operations and maintenance, and verify that the changes work as planned and continue to work over time. M&V requires additional discipline and transparency in measuring and verifying savings than normally is provided for facility/energy management.
Effective M&V can help you:
- Increase energy savings
- Reduce the cost of financing projects
- Encourage better project engineering
- Help demonstrate and capture the value of reduced emissions from energy efficiency and renewable investments
- Increase public understanding of energy management as a public policy tool
- Help national and industry organizations promote and achieve resource efficiency and environmental objectives
The primary goal of the Measurement & Verification report will be to establish a credible energy baseline for future years and to afford building operators the opportunity to fine-tune building operations for energy efficiency in subsequent years through the installation of detailed sub-metering devices.