Reported Energy and Cost Savings from the DOE ESPC IDIQ Program: FY 2022

Yeobeom Yoon; Sungkyun Jung; John A. Shonder; Alex Callinan; Piljae Im

doi:10.2172/2216996

Reported Energy and Cost Savings from the DOE ESPC IDIQ Program: FY 2022

Yeobeom Yoon, Sungkyun Jung, John A. Shonder, Alex Callinan, Piljae Im

Research output: Book/Report › Commissioned report

Abstract

The objective of this work was to determine the realization rate of energy and cost savings from the U.S. Department of Energy’s (DOE’s) Energy Savings Performance Contract (ESPC) program based on information reported by the energy services companies (ESCOs) that are carrying out ESPC projects at federal sites. Information was extracted from 190 measurement and verification (M&V) reports covering 182 projects to determine reported, estimated, and guaranteed cost savings and the associated reported and estimated energy savings for the previous contract performance year. This report covers projects that had a performance year ending in fiscal year 2021, between October 1, 2021 and September 30, 2022, and had an M&V report issued. Additionally, the annual cost to perform M&V was extracted from the individual project Task Order (TO) Schedules.

Original language	English
Place of Publication	United States
DOIs	https://doi.org/10.2172/2216996
State	Published - 2023

Keywords

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION

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10.2172/2216996

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title = "Reported Energy and Cost Savings from the DOE ESPC IDIQ Program: FY 2022",

abstract = "The objective of this work was to determine the realization rate of energy and cost savings from the U.S. Department of Energy{\textquoteright}s (DOE{\textquoteright}s) Energy Savings Performance Contract (ESPC) program based on information reported by the energy services companies (ESCOs) that are carrying out ESPC projects at federal sites. Information was extracted from 190 measurement and verification (M&V) reports covering 182 projects to determine reported, estimated, and guaranteed cost savings and the associated reported and estimated energy savings for the previous contract performance year. This report covers projects that had a performance year ending in fiscal year 2021, between October 1, 2021 and September 30, 2022, and had an M&V report issued. Additionally, the annual cost to perform M&V was extracted from the individual project Task Order (TO) Schedules.",

keywords = "32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION",

author = "Yeobeom Yoon and Sungkyun Jung and Shonder, {John A.} and Alex Callinan and Piljae Im",

year = "2023",

doi = "10.2172/2216996",

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TY - BOOK

T1 - Reported Energy and Cost Savings from the DOE ESPC IDIQ Program: FY 2022

AU - Yoon, Yeobeom

AU - Jung, Sungkyun

AU - Shonder, John A.

AU - Callinan, Alex

AU - Im, Piljae

PY - 2023

Y1 - 2023

N2 - The objective of this work was to determine the realization rate of energy and cost savings from the U.S. Department of Energy’s (DOE’s) Energy Savings Performance Contract (ESPC) program based on information reported by the energy services companies (ESCOs) that are carrying out ESPC projects at federal sites. Information was extracted from 190 measurement and verification (M&V) reports covering 182 projects to determine reported, estimated, and guaranteed cost savings and the associated reported and estimated energy savings for the previous contract performance year. This report covers projects that had a performance year ending in fiscal year 2021, between October 1, 2021 and September 30, 2022, and had an M&V report issued. Additionally, the annual cost to perform M&V was extracted from the individual project Task Order (TO) Schedules.

AB - The objective of this work was to determine the realization rate of energy and cost savings from the U.S. Department of Energy’s (DOE’s) Energy Savings Performance Contract (ESPC) program based on information reported by the energy services companies (ESCOs) that are carrying out ESPC projects at federal sites. Information was extracted from 190 measurement and verification (M&V) reports covering 182 projects to determine reported, estimated, and guaranteed cost savings and the associated reported and estimated energy savings for the previous contract performance year. This report covers projects that had a performance year ending in fiscal year 2021, between October 1, 2021 and September 30, 2022, and had an M&V report issued. Additionally, the annual cost to perform M&V was extracted from the individual project Task Order (TO) Schedules.

KW - 32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION

U2 - 10.2172/2216996

DO - 10.2172/2216996

M3 - Commissioned report

BT - Reported Energy and Cost Savings from the DOE ESPC IDIQ Program: FY 2022

CY - United States

ER -

Reported Energy and Cost Savings from the DOE ESPC IDIQ Program: FY 2022

Abstract

Keywords

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