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June 14, 2016 — The Investor Confidence Project (ICP) has released a new and enhanced second version of the ICP Targeted Commercial and Targeted Multifamily Protocols.
The ICP is a project of the Environmental Defense Fund, which says the project "defines a clear road-map from retrofit opportunity to reliable Investor Ready Energy Efficiency. With a suite of Commercial and Multifamily Energy Performance Protocols in place, ICP reduces transaction costs by assembling existing standards and practices into a consistent and transparent process that promotes efficient markets by increasing confidence in energy efficiency as a demand-side resource."
With the introduction of ICP Investor Ready Energy Efficiency project certification in the marketplace, stakeholder feedback has provided input resulting in the release of the 2.0 version of both protocols.
ICP said it would "like to thank all the members of both the ICP North America and ICP Europe technical forums, diverse program partners including PG&E and NYSERDA, and various stakeholders from both continents for providing input and effort to further develop the ICP System."
The 2.0 version of the Targeted Protocols incorporates a number of key improvements including:
• Separating requirements into Underwriting and Performance Periods.
• Introducing retrofit isolation to satisfy baseline for specific energy conservation measures.
• Allowing an Option C approach for Targeted M&V.
• Introducing portfolio-based M&V using normalized metered savings.
• Providing a revised engineering certification and checklist.
The Targeted Protocols strike a balance between engineering rigor and efficiency to allow ICP standardization of very simple projects with limited measures and interactivity. This version of the protocol incorporates suggestions that focus on making the protocol even easier to use and implement.
Relevant changes from this protocol will be applied to the ICP Standard and Large protocols in the near future as ICP’s Technical Forum turns its attention to revising other protocols.
"If you are already a member of the ICP Technical Forums — stay tuned," ICP said. "If you would like to be involved in the on-going development of the ICP Protocols and ICP System, please sign up."
