International Performance Measurement
& Verification Protocol
Measurement and Verification (M&V) is the process of planning, measuring, collecting and analysing data for the purpose of verifying and reporting energy savings within an individual facility resulting from the implementation of Energy Conservation Measures (ECM’s).
M&V activities consist of some or all of the following:
- Meter installation calibration and maintenance
- Data gathering and screening
- Development of a computation method and acceptable estimates
- Computations with measured data
- Reporting, quality assurance, and third-party verification of reports.
Since 1997, Efficiency Valuation Organization (EVO) develops, maintains, improves and publishes the International Performance Measurement and Verification Protocol (IPMVP). The IPMVP was originally developed to help increase investment in energy and water efficiency, demand management and renewable energy projects across the globe.
The IPMVP promotes efficiency investments through the following:
- IPMVP documents common terms and methods to evaluate performance of efficiency projects for buyers, sellers and financiers. Some of these terms and methods may be used in project agreements.
- IPMVP provides methods, with different levels of cost and accuracy, for determining savings either for the whole facility or for individual ECM’s.
- IPMVP specifies the contents of a Measurement and Verification Plan (M&V Plan). This M&V Plan adheres to widely accepted fundamental principles of M&V and should produce verifiable savings reports. An M&V Plan must be developed for each project by a qualified professional.
- IPMVP applies to a wide variety of facilities including existing and new buildings and industrial processes.
Our solution embeds these processes, and ensures that from the outset, your investments are based on solid principles, and are delivered with full transparency and consistency.