As the energy efficiency industry evolves more complex efficiency projects, such as chilled water system upgrades, are being implemented. This is due to both the completion of simpler efficiency projects on many sites and the large room for efficiency improvements in chilled water systems that are custom designed for each application and site. In most cases owners prefer third-party measurement and verification (M&V) of the efficiency projects. Additionally, electrical utilities see benefits in incentivizing and claiming energy efficiency projects. This paper discusses the different available methodologies and their limitations.
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