M&V in Italian white certificates

Dario Di Santo, FIRE

Wels, 26 February 2016

2

www.fire-italia.org

The Italian Federation for the Rational use of Energy is a no-profit association founded in 1987 that promotes energy efficiency, supporting energy manager, ESCOs and other companies dealing with energy.

Besides the activities directed to its nearly 450 members, FIRE operates under an implementing agreement with the Ministry of Economic Development to manage the Italian energy manager network since 1992.

In order to promote energy efficiency FIRE cooperates and deals with public authorities, energy technology and service companies, consultants, medium and large consumers, universities and associations to promote best practices and improve the legislation.

FIRE manages SECEM - an accredited body - to certify the Energy management experts according to the standard UNI CEI 11339.

FIRE: the association for energy efficiency

3

445 members in 2014, 228 persons and 217 organizations.

FIRE: the association for energy efficiency

Some members of FIRE:

A2A calore e servizi S.r.l. - ABB S.p.a. - Acea S.p.a. - Albapower S.p.a. - Anigas - Atlas Copco S.p.a. - Avvenia S.r.l. - AXPO S.p.a. - Banca d’Italia - Banca Popolare di Sondrio - Bit Energia S.r.l. - Bosh Energy and Building Solution Italy S.r.l. - Bticino S.p.a. - Burgo Group S.p.a. - Cabot Italiana S.p.a. - Carraro S.p.a. - Centria S.p.a. - Certiquality S.r.l. - Cofely Italia S.p.a. - Comau S.p.a. - Comune di Aosta - CONI Servizi S.p.a. - CONSIP S.p.a. - Consul System S.r.l. - CPL Concordia Soc. Coop - Comitato Termotecnico Italiano - DNV S.r.l. - Egidio Galbani S.p.a. - ENEL Distribuzione S.p.a. - ENEL Energia S.p.a. - ENEA - ENI S.p.a. - Fenice S.p.a. - Ferriere Nord S.p.a. - Fiat Group Automobiles - Fiera Milano S.p.a. - FINCO - FIPER - GSE S.p.a. - Guerrato S.p.a. - Heinz Italia S.p.a. - Hera S.p.a. - IBM Italia S.p.a. - Intesa Sanpaolo S.p.a. - Iren Energia e Gas S.p.a. - Isab s.r.l. - Italgas S.p.a. - Johnson Controls Systems and Services Italy S.r.l. - Lidl Italia s.r.l. - Manutencoop Facility Management S.p.a. - Mediamarket S.p.a. - M&G Polimeri Italia - Omron Electronics S.p.a. - Pasta Zara S.p.a. - Pirelli Industrie Pneumatici S.p.a. - Politecnico di Torino - Provincia di Cremona - Publiacqua S.p.a. - Raffineria di Milazzo S.c.p.a. - RAI S.p.a. - Rete Ferroviaria Italiana S.p.a. - Rockwood Italia S.p.a. - Roma TPL S.c.a.r.l. - Roquette Italia S.p.a. - RSE S.p.a. - Sandoz Industrial Products S.p.a. - Schneider Electric S.p.a. - Siena Ambiente S.p.a. - Siram S.p.a. - STMicroelectronics S.p.a. - TIS Innovation Park - Trenitalia S.p.a. - Turboden S.p.a. - Università Campus Bio-Medico di Roma - Università Cattolica Sacro Cuore - Università degli studi di Genova - Varem S.p.A. - Wind Telecomunicazioni S.p.a. - Yousave S.p.a.

Our membership include organization and professionals both from the supply and the demand side of energy efficiency services and solutions.

4

4

FIRE: the association for energy efficiency

Besides being involved in many European projects, listed next, FIRE implement surveys and market studies on energy related topics, information and dissemination campaigns, and advanced training.

Some of FIRE clients over the years: Ministry of Environment, ENEA, GSE, RSE, large organizations (such as Centria, ENEL, Ferrovie dello Stato, FIAT, Finmeccanica, Galbani, H3G, Poste Italiane, Telecom Italia, Unioncamere), universities, associations, energy agencies and exhibition organizers.

www.fire-italia.org

EU-MERCI

5

www.secem.eu

SECEM

SECEM, European System for Certification in Energy Management, is a certification body created by the FIRE.

SECEM was the first body to offer third-party certification for Energy Management Experts (EMEs) according to UNI CEI 11339 and is accredited according to the ISO/IEC 17024 standard.

In Italy two standards were developed in order to promote the qualification of energy efficiency operators: UNI CEI 11339 for EMEs was issued in 2009, UNI CEI 11352 for ESCOs was published in 2010. A new standard for energy auditor is presently under preparation.

Both the mentioned standards are recognized from the national legislation within the energy audit obl igat ions for large companies introduced by the EED directive and the white certificate scheme.

The IEE ENSPOL project

The ENSPOL project’s main aim is to support member states who intend to set up new EEO schemes or implement alternative measures, as well as inform about the on-going development of existing schemes, and support member states with an existing EEO scheme to improve it, learning from and building on existing experiences.

The specific objectives of ENSPOL are to: Assess the relative strengths and weaknesses of EEOs and alternative measures based on the existing experiences and plans of member states and make recommendations for the most appropriate approaches against different criteria and under different conditions. Improve the knowledge and capabilities of member states (both within and outside of the project) with regards to the different options available for implementation of Article 7 (EEOs and alternative measures). Ensure the effective engagement of the broad range of stakeholders with an interest in the implementation of Article 7 and promote a wide consultation at European level. Complement and enhance the work of existing EU and member states initiatives concerned with the implementation of Article 7 EED.

The ENSPOL project started up in 2014 and will go on till mid 2016.

6

Partners:JIN(NL)ABEA(BG)ADEME(FR)AEA(AT)CRES(GR)DEA(DK)EST(UK)FIRE(IT)KAPE(PL)OUCE(UK)SEI(UK)UPRC(GR)VITO(BE)

More information at: www.enspol.eu.

ContractN°:IEE/13/824/SI2.675067

Energy efficiency incentives in Italy

7

White certificates

Tax deductions 50% e 65%

RES incentives (D.M. 6 luglio 2012)

Heat account

Other options (Elena, Jessica, EEEF, structural funds, local funds, etc.)

Source: FIRE.

CHP: high efficiency cogeneration DH: district heating

RES: renewable energy sources EEEF: European energy efficiency fund

Energy efficiency Thermal RES Electrical RESCHP-DH

WhC and 20-20-20 Programme

8

-

5,0

10,0

15,0

20,0

25,0

2005200620072008200920102011201220132014201520162017201820192020

Na#onalenergyefficiencytargetsandWhCtargets(Mtoeofprimaryenergyandmillionsofcer#ficates)

WhCtargetsasMtoe WhCtargetsasnumberofwhitecerAficatesNaAonalenergyefficiencytargets Source:FIRE.

Na#onalenergystrategytarget(15.5Mtoefinalenergy)

2006/32/ECdirec#vetarget

WhCshouldcover≈60%ofthe2020targetlinkedwiththeapplicaRon

ofEED’sart.7.

The scheme basics: EEO + WhC trade

9

Demand

WhC is an EEO DSOs have to meet energy

saving targets

Certificates can be traded on the market

Voluntary parties (ESCOs and

companies with energy manager or EnMS) can also obtain certificates

Supply

WhC is an incentive

1WhC=1addiRonaltoe

Allsectorsandallenergyefficiency

projectsareallowed.

Source: FIRE.

White certificates: main numbers

10

70% WhC comes from

ESCOs25% from companies

with energy manager

Target 2013-2016:

from 5.5 to 9.5 Mln WhC

1,034 PPPMs and 13,717 RVC

(2,079 MPPs) presented in

2014

54% natural gas savings

26% electricity savings

34.6 Mln WhC issued from 2005

to May 2015

tau from 1 to

4,58

82% WhC come from

MPPs

Source: FIRE.

169 companies with energy

manager and790 ESCO presented

projects in 2014

≈80% industrial projects Weighted average price on

GME spot market

30

43

57

70

83

97

110

20052006200720082009201020112012201320142015*

7.5 Mln WhC and 2.7 Mtoe assessed in

2014

Italian WhC scheme main characteristics

11

Targets from 200 ktoe in 2005 to 7,600 ktoe in 2016; Additionality based on market or regulatory baseline per single project or deemed saving file; ≈85% of savings are metered and ≈82% are monitoring plan projects (in 2007 ≈90% were deemed savings); ESCOs have been the main actor in presenting projects both in terms of proposals (96%) and of toe (70%, whereas 25% come from companies with energy manager); Flexible managing agencies needed to deal with the growing proposals (13,717 RVCs presented in 2014 and 1,034 PPPMs VS ≈150 in 2007 and ≈550 in 2012); All energy efficiency projects in all sectors are allowed; the scheme moved from civil sector projects to industrial ones; Controls are mainly documental, but on-site controls are rising; Cost effectiveness is high (0.017 euro/kWh according to ENEA).

Saving evaluation methods in Italian WhC

12

Deemed savings projects (progetti standard): the saving is evaluated with respect to the number of installed reference units (e.g. square meter, kW, number of installed units). No measures are required. Only standardized solutions can be included in a deemed saving file. The proponent presents an RVC once.

Scaled savings - engineering estimates (progetti analitici): the saving is evaluated with respect to some measured quantities through a dedicated algorithm defined in a dedicated file. Required meters are also indicated in the dedicated file. The proponent presents an RVC at least once a year.

Metered saving (progetti a consuntivo): the method is similar to the previous one, but the algorithm, the baseline, the additional saving coefficient, and the needed meters should be preliminarily proposed by the applicant PPPM and approved from GSE (with ENEA-RSE). After the PPPM is accepted the proponent will get WhC by presenting an RVC at least once a year.

PPPM

D.S. file

E.E. file

RVC: Request to verify and certify the savings PPPM: Project proposal and M&V procedure

Surveyed savings: not used so far. Plans to diffuse them with new WhC guidelines.

Simplified evaluation methods: industry

13

# Solution Filetype Unit Requestedunitspertoe

7T Photovoltaicsunder20kW DS kWp 1-2

9T Invertersforpumpingsystems DS kW 1-16

16T Invertersforpumpingsystemsover22kW EEP - -

30E ElectricmotorsIE3 DS kW 9-135

31E Invertersforcompressedair EEP - -

33E Powerfactorcorrectionformotors DS Motor 1-189

34E Mechanicalsteamrecompressionsystems EEP - -

35E Industrialcoolers EEP - -

36E UPSs(revokedinJanuary2016) DS kVA 2-36

Fordeemedsavingsprojects(DS)arangeispresentsincethevaluesdependonsomevariables,suchasthenumberofworkingshifts,theweatherzone,thepowerrange,etc.Forengineeringestimates(EEP)novaluesareindicated,sincetheydependontheapplicationofthesavingalgorithmtotheindicatedvariables(e.g.fuelconsumption,heatdemand,etc).

Simplified evaluation methods: civil sector

14

# Solution Filetype Unit Requestedunits

pertoe

2T ElectricDHWheaters->gasDHWheaters DS Boiler 53T Highefficiencyboilersforsingleapartments DS Boiler 3-274T HighefficiencyDHW DS Boiler 65T Doubleglazingwindows DS m2 13-1726T Wallandroofinsulation DS m2 27-1.1457T Photovoltaicsunder20kW DS kWp 1-28T SolarthermalforDHW DS m2 2-810T Naturalgasdecompression EEP - -15T Airtoairheatpumps DS Apartment 1-2219T Airconditionersunder12kW DS kWf 99-22220T Wallandroofinsulationforcooling DS m2 430-1.71822T Districtheating EEP - -26T Centralizedcoolingsystems EEP - -27T DHWheatpumps DS Heatpump 3-632E InvertersforHVACsystems EEP - -36E UPSs(revokedinJanuary2016) DS kVA 2-3637E Biomassboilersforsingleapartment DS Apartment 1-538E Buildingautomationsystems DS m2 105-1.573Pleaserefertothenoteinthepreviousslide.

Simplified evaluation methods: transport

15

# Solution Filetype Unit Requestedunitspertoe

41E Biogaspublictransport EEP - -

42E Electriccars DS car dependsoncarconsumption

43E Hybridcars DS car dependsoncarconsumption

44E Naturalgascars DS car dependsoncarconsumption

45E LPGcars DS car dependsoncarconsumption

Fordeemedsavingsprojects(DS)arangeispresentsincethevaluesdependonsomevariables,suchasthenumberofworkingshifts,theweatherzone,thepowerrange,etc.Forengineeringestimates(EEP)novaluesareindicated,sincetheydependontheapplicationofthesavingalgorithmtotheindicatedvariables(e.g.fuelconsumption,heatdemand,etc).

Scaled savings: buildings heat and cooling

16

Allegato A alla deliberazione EEN 9/10 così come modificato dalle deliberazioni EEN 14/10 e EEN 9/11

6. SCHEDA DI RENDICONTAZIONE

SCHEDA DI RENDICONTAZIONE PER SCHEDA N. 26TDati relativi al periodo compreso tra il ____________ e il _____________

Caratteristiche dei generatori di calore f_E 0,187 [tep/MWhe]a Potenza dei generatori per riscaldamento (e acs) Pt,risc 116 [kWt] f_T 0,086 [tep/MWht]c Potenza degli eventuali generatori separati per acs Pt,acs 0 [kWt] b K_t,risc 0,82 [-] = 0,7537 + 0,03*Log10(a)

d K_t,acs 0,82 [-] = 0,7537 + 0,03*Log10(c)Alimentazione dell'impianto L'alimentazione avviene conCombustibile per la produzione termica combustibili liquidi/gassosi

f Quantità di combustibile utilizzato M 10.000 [Sm3 o Kg] non rinnovabilig Potere calorifico inferiore PCI 10.000 [kcal/Sm3, kcal/kg] h EPcomb 10,00 [tep] =10-7 * f * g

Produzione di energia termica j Energia termica fornita all'utenza EFrisc 80 [MWht] k U 1,18 [-]

i EPrisc 9,95 [tep] = k * f_T * j / bProduzione di energia termica per acs (se prodotta sepratamente)

m Energia termica fornita all'utenza EFacs 0 [MWht] n EPacs 0,00 [tep] = f_T * m / dProduzione di energia frigorifera

e Potenza frigorifera PFraffr 0 [kWf] p H,raffr 3,0 [-] pari a 3,0 oppure 2,7o Energia frigorifera fornita all'utenza EFraffr 0 [MWhf] q EPraffr 0,00 [tep] = f_E * o / p

Incremento consumi elettriciI consumi di energia elettrica sono stimati w ce,risc 0,49 [MWhe] = 0,005 * j / b

r Ee misurata 0 [MWhe] x ce,acs 0,00 [MWhe] = 0,005 * m / dPotenze elettriche nominali totali di:

s generatori di calore per riscaldamento PErisc 0 [kWe] r Ee stimata 0,00 [MWhe] = s * (j / a) + t * (m / c) + u * (o / e)t generatori di calore per produzione acs PEacs 0 [kWe]u sistemi frigoriferi PEraffr 0 [kWe]

y 'EFe 0,00 [MWhe] = r - w - x ove applicabilez EPe 0,00 [tep] = y * f_E

Calcolo dei risparmi energetici riconosciuti

v EPservizi 9,95 [tep] = i + n + q %1 %RN tipo I 0,00 = q / vRN RN -0,05 [tep] = v - h - z %2 %RN tipo II 1,00 = (i + n) / v in ambiti metanizzati

%3 %RN tipo III 0,00 = (i + n) / v in ambiti non metanizzati

RN tipo I 0 = %1 * RNRN tipo II 0 = %2 * RNRN tipo III 0 = %3 * RN

DATI MISURATI DATI CALCOLATI O PREDEFINITI

energia elettrica

NOTA: Per le quantità di cui si richiede la rendicontazione sono, in generale, da prevedere misure dirette da effettuarsi con strumentazione di adeguata precisione. Nei casi in cui ciò non sia praticabile, è possibile adottare misurazioni indirette, purché la precisione del metodo adottato sia equivalente a quella ottenibile con la misura diretta.

Allegato A alla deliberazione EEN 9/10 così come modificato dalle deliberazioni EEN 14/10 e EEN 9/11

Pfraffr potenza frigorifera nominale totale dell’apparato frigorifero, nella configurazione post-intervento [kWf] Ptrisc

potenza termica nominale totale dei generatori per riscaldamento (ed eventualmente per acqua calda sanitaria, qualora col medesimo generatore), nella configurazione post-intervento [kWt]

Ptacs potenza termica nominale dei generatori per produzione di a.c.s., nella configurazione post-intervento; nel caso in cui non sia presente un generatore separato per a.c.s., questo valore coincide con quello di Ptrisc [kWt]

U� coefficiente correttivo che assume valori diversi da 1,00 nel caso in cui l’intervento riguardi sistemi dotati di termoregolazione e contabilizzazione locale del calore [-]; i valori possono allora essere:

- 1,22 per le zone climatiche A, B e C, - 1,18 per la zona climatica D, - 1,15 per le zone climatiche E e F.

Consumi elettrici

Ee

Energia dei combustibili

Ec

CENTRALE TERMICA E FRIGORIFERA

Energia termica utile destinata a riscaldamento EFrisc

Energia frigorifera utile

e destinata a raffrescamento EFraffr

Energia termica utile destinata a produzione di acs EFacs

Sistem

i di distribuzione

Contatori di calore

Generatore di calore(Ptrisc, Perisc)

Generatore di calore(Ptacs, Peacs)

Sistema frigorifero(Pfraffr, Peraffr)

Consumi elettrici

Ee

Energia dei combustibili

Ec

CENTRALE TERMICA E FRIGORIFERA

Energia termica utile destinata a riscaldamento EFrisc

Energia frigorifera utile

e destinata a raffrescamento EFraffr

Energia termica utile destinata a produzione di acs EFacs

Sistem

i di distribuzione

Contatori di calore

Generatore di calore(Ptrisc, Perisc)

Generatore di calore(Ptacs, Peacs)

Sistema frigorifero(Pfraffr, Peraffr)

Figura 1– Schema dei flussi energetici coinvolti da un sistema di climatizzazione centralizzata La Figura si riferisce alla situazione più complessa, nella quale i servizi centralizzati riguardano tutte le tre funzioni (riscaldamento, raffrescamento e produzione di acqua calda sanitaria) e ciascuna di esse è fornita da un generatore a sé stante. Possono naturalmente presentarsi situazioni più semplici nelle quali, ad esempio, non viene erogato raffrescamento e le funzioni di riscaldamento e produzione di a.c.s. vengono espletate da un unico generatore di calore. Con “sistemi di distribuzione” si intendono le pompe e gli ausiliari asserviti alla circolazione dei fluidi termovettori.

Note: 1 Tra quelle elencate nella Tabella 2 dell’Allegato A alla deliberazione 27 ottobre 2011, EEN 9/11. 2 Di cui all’articolo 1, comma 1, dell’Allegato A alla deliberazione 27 ottobre 2011, EEN 9/11. 3 Di cui all’articolo 3 della deliberazione 27 ottobre 2011, EEN 9/11. 4 Di cui all’articolo 17 della deliberazione 27 ottobre 2011, EEN 9/11. 5 Eventualmente in aggiunta a quella specificata all’articolo 14, comma 3, dell’Allegato A alla deliberazione 27 ottobre 2011, EEN 9/11.

Examples of MSPs: multisectorial

17

MULTISECTORAL PROJECTS

PRODUCTION OF NITROGEN ON-SITE

HEAT RECOVERY EXCHANGER FOR USE IN THE PROCESS

HEAT RECOVERY EXCHANGER FOR USE OUT OF PROCESS

HEAT RECOVERY WITH SAVING

COMPRESSOR CHILLER WITH MAGNETIC LEVITATION

REFRIGERATOR WITH MANAGEMENT SYSTEMS PLC

TRACTION BATTERY FOR ELECTRIC VEHICLES

MANAGEMENT OF CENTRAL AIR WITH DEDICATED SOFTWARE

TREATMENT WITH SOLVENTS COMBUSTOR recuperative CERAMIC

HEATING ROOMS WITH RADIANT STRIPS

LED INDUSTRIAL LIGHT AND REMOTE CONTROL SYSTEMS

In 2015 FIRE produced a study with typical industrial EE projects that got WhC.

Examples of MSPs: monosectorial

18

SECTOR MONOSECTORIAL PROJECTS

FOOD PASTEURIZATION WITH RADIO FREQUENCY DESCENDING FILM EVAPORATION AND CONTINUOUS CRYSTALLIZATION

ROTARY COMPRESSED AIR DRYIER DRUM

LIME WOOD BIOMASS OVEN

PAPEREFFICIENCY OF CONTINOUS PAPER MACHINE

RECOVERY FROM FIBER PRODUCTION TETRAPACK TISSUE

CEMENTUSE OF SECONDARY SOLID FUELS (RDF) AS PARTIAL SUBSTITUTION FOR FOSSIL FUELS

CONTINUOUS PARTICLE-SIZE ANALYZER FREE LIME IN CLINKER

CERAMIC / BRICKSOVEN FOR TILES COOKING WITH HEAT RECOVERY

CHEMISTRYREACTOR FOR POLYCRYSTALLINE SILICON MANUFACTURING

INNOVATIVE PRODUCTION OF POLYMERS: PET BARRIER

RUBBER / PLASTICSRECOVERY OF HEAT GENERATED BY MECHANICAL FRICTION IN TIRES PROFILING

BUBBLE EXTRUDER FOR PLASTIC FILMS

WORKING NON METALLIC MATERIALS (MARBLE, STONE,

DIAMOND CUT WIRE

PETROCHEMICALRECOVERY OF GAS TORCH WITH COMPRESSOR LIQUID RING

LAUNDRY-SERVICES INDUSTRY

MACHINE WITH PROCESS ELECTROLYTIC BATCH WASHER

STEEL INDUSTRY ENERGY EFFICIENT MELTING FURNACE

PRINTING / GRAPHICS ROTARY MACHINE

TELECOMMUNICATIONS

ENERGY EFFICIENT RADIO BASES

TEXTILE HEAT RECOVERY ON DRYING MACHINE

TRANSPORTATIONMANAGEMENT OF WASHING FOR AIRCRAFT ENGINES

AUXILIARY SYSTEM FOR THE PRODUCTION OF ELECTRICITY ON AIRPLANES

GLASSEFFICIENCY OF THE MELTING FURNACE FOR GLASS

Most projects were presented by ESCOs that acted as consultants, supporting the end-user in delivering the EE project.

Case 1: e.g. building materials, manufacturing industry

Case 2: e.g. furnace glass, membranes, RDF

Case 3: e.g. lighting, heating, cooling

Expected

Effective

Expected

Effective

EffectiveExpected

Savings correlated with the market

Savings correlated with the solution learning curve

Constant saving (weather related)

19

DifferencebetweenPPPMandRVCsavings:1.4%

electricity,-8.3%gas,16.6%fuels

PPPMs VS RVC for MSPs (study 2005-2012)

Points to be considered

20

Measuring EE savings is really an hard task. We are just at the beginning of the journey…

Deemed savings Scaled savings Metered savings

The method is easy to use and facilitates the evaluation.

Savings are not measured and monitoring can be complex if multiple solutions are considered.

Required documentation: choice to go easy or bureaucratic, which usually implies a failure, unless the incentive is very high.

On field controls are expensive.

Effort required to evaluate baselines, additionality, and other needed information.

High cost-effectiveness.

Possibility to pre-evaluate EE products in order to ensure the required performance.

The method is easy to use and facilitates the evaluation.

Savings are measured.

Required documentation: choice to go easy or bureaucratic, which usually implies a failure, unless the incentive is very high.

On field controls are usually a viable option.

Effort required to evaluate baselines, additionality, algorithms and meters to be used, and the other needed information.

High cost-effectiveness.

Simplified monitoring plans?

The method is usually complex, especially if additionality or detailed adjustments are present.

Savings are measured.

Required documentation: is usually substantial, but the size of the project allows it.

On field controls are usually a viable option.

Effort required to evaluate baselines, additionality, algorithms and meters to be used, and the other needed information for both the proponents and the evaluators. Shall data be available for everybody?

Very flexible, but potentially costly and complicated (viable for high targets).

Verification process

21

Public reports on verifications

22

http://bancadativerifiche.gse.it

All data about positive and negative documental and on-site

verifications are available.

0

10

20

30

40

50

60

70

80

90

100

110

120

130

140

150

07/03/06

16/05/06

25/07/06

24/10/06

16/01/07

27/03/07

05/06/07

28/08/07

06/11/07

29/01/08

08/04/08

17/06/08

09/09/08

18/11/08

17/02/09

28/04/09

01/07/09

22/09/09

01/12/09

02/03/10

11/05/10

20/07/10

19/10/10

11/01/11

22/03/11

31/05/11

30/08/11

15/11/11

07/02/12

17/04/12

31/05/12

07/08/12

06/11/12

05/02/13

16/04/13

25/06/13

17/09/13

03/12/13

04/03/14

13/05/14

22/07/14

14/10/14

13/01/15

24/03/15

29/05/15

04/08/15

27/10/15

WhC

'sprice(Euro)

Marketsessiondata

WhCmarketpricetrend

"May31stsession" "DSO'sreimbursement" "Otherfuelssavings""Gassavings" "Electricitysavings"

Source:FIREevaluaKonbasedonGMEdata

WhC oversupply

WhC shortage

23

WhC spot market price trend

Equilibrium

Trend of issued certificates and savings

24

-

5.000

10.000

15.000

20.000

25.000

30.000

35.000

-

1.000

2.000

3.000

4.000

5.000

6.000

7.000

8.000

2006 2007 2008 2009 2010 2011 2012 2013 2014

Cumulateddata

Annu

aldata

Trendofissuedcer3ficatesandofenergysavings(dataexpressedasthousands)

cumulatedcer?ficates cumulatedtoe cer?ficates toe

Source:FIREonGSEdata.

The introduction of the tau coefficient has increased the number of long lifespan projects, together with the cost of the scheme, but it has not ensured an increase in new annual savings.

News about the Italian scheme

Fonte: “RAEE 2012”, ENEA.

It works!

New guidelines to be introduced in order to improve the scheme (cost effectiveness, additionality/materiality, saving assessment, support to complex projects, etc.).

The most important lesson learnt is that such a scheme can not born perfect, but it needs continuos care and also some imperfections should be accepted during transitions.

25

Some directions from MiSE for the new guidelines, to be issued in few months:

no more tau coefficient; new evaluation methodology (simplified monitoring plans with sample measurements) and surveyed savings; stricter evaluation of ex-ante consumption; new rules for responsibilities with ESCOs as proponents; pay-back t ime minimum requirements; increased controls.

Thank you!

www.facebook.com/FIREenergy.manager

www.linkedin.com/company/fire-federazione-italiana-per-l'uso-razionale-dell'energia

www.twitter.com/FIRE_ita

For�more�information�about�our�activities��visit�our�web�site!�

www.dariodisanto.com