Eric Oliver, P.E., C.E.M., LEED AP

21-Jun-2018, 10:00 - 10:30AM

The Role of IoT and Real Time Data in M&V
Presenter

Eric Oliver, P.E., C.E.M., LEED AP

Vice President, Energy Services
2RW Consultants



Monitoring and verification (M&V) is an important step in the energy upgrade process, as it lends credence to the idea that we are saving energy at all.M&V is the process of measuring energy consumed before and after an energy efficiency upgrade, with the purpose of quantifying the actual energy saved.Many building owners and end users require M&V in Energy Savings Performance Contracts (ESPC) to verify that the ESCO is achieving savings that they are claiming (and getting paid for).An accurate, defendable M&V plan is therefore also inherently valuable to the ESCOs, as it justifies their bills to the client.The growth and increased accessibility of real time energy monitoring (RTEM) has a significant role to play in enhancing M&V strategies.A comprehensive RTEM platform involves installing sensors at the end-use of specific equipment, whether at individual breakers in an electrical panel or at a motor control center breaker, and recording consumption in real time.This data is then used to develop metrics to display and quantify the real effects of comprehensive energy upgrades.Utilizing RTEM to verify energy savings can be the most defendable, accurate M&V tool for energy service providers.

 



 




Track: 3- Trends in Energy Efficiency | Session: 3B- How New IT is Changing Energy Efficiency: Continuous Commissioning and Energy Auditing
 

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