Valuing Energy Efficiency
The origins of the calculation methods used in our TRMs nationally date back over 30 years. These methods were developed to help standardize savings estimates and to reduce the cost of verifying compliance with regulatory energy efficiency mandates. But the world has changed since then, both in the technologies available to calculate savings, and in the impacts we need from utility funded energy efficiency investments. To meet today’s challenges, we need to modernize the TRMs, incorporating standardized data protocols and standardized calculation methods that support technologies such as cold climate heat pumps, interactive packages of measures, and smart controls. And we need to produce the types of metrics that allow utilities leverage energy efficiency to help manage the major transition they are undergoing.
This presentation will look at the limitations imposed by current TRM methodologies, and how national data standards, and cloud based, open source solutions can cost effectively provide access to emerging technologies, and, produce metrics like location and time dependent demand impacts.
Work in the area has been funded by the US Department of Energy, E4TheFuture, and most recently NYSERDA.