24 Jun '11, 5pm

If you can't measure it, you can't manage it (and you can't finance it!): One of the bitter complaints about ene...

Email This Print Comments Trackbacks Share Link One of the bitter complaints about energy management and energy efficiency has been the lack of standardization in energy benchmarking, management, measurement and verificiation. Policymakers don't like it because it is difficult to verify compliance, consumers can't trust the information they receive and financiers don't like it because they cannot forecast the risk associated with investment. This lack of standardization has been cited over and over again. According to a World Economic Forum analysis for accelerating energy efficiency: Despite differing views of the market, all stakeholder groups acknowledge the gap between opportunity and implementation, recognizing that a standardized method of measurement, verification and enforcement would help create market transparency, a more stable environment and an upscaling of in...

Full article: http://www.greenbuildinglawblog.com/2011/06/articles/econ...

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