Energy services (ESCO)

Most buildings can use less energy with better controls and better plant operation. We can structure that work as an ESCO project, so that the measured savings pay for it.

Contract
Shared savings or guaranteed savings
Measurement
IPMVP
Baseline
Agreed before work starts
Typical scope
Controls, chiller plant, SMAC

How an ESCO project works

Five stages, with the baseline and the measurement method agreed before any work starts.

  1. Walk-through

    We review energy bills, trend data and the plant itself to estimate what can be saved.

  2. Proposal

    Measures, cost, expected savings and the M&V plan are set out and agreed.

  3. Implementation

    Controls, sequences and plant upgrades are installed and commissioned.

  4. Measurement

    Savings are measured against the agreed baseline under IPMVP and reported at set intervals.

  5. Payment

    The work is paid for from the verified savings, on shared-savings or guaranteed-savings terms.

Typical measures

  • Chiller-plant optimisation Staging, chilled-water reset and condenser-water control.
  • Variable speed Variable-speed pumping and cooling-tower fans.
  • Air-side resets and schedules Supply-air and static-pressure resets, and equipment that runs only when spaces are in use.
  • SMAC For spaces where humidity drives the cooling load.
  • Metering Meters in place before the work starts, so the savings can be measured from the first day.
Illustrative savings chart Monthly energy use Year 1 Year 2 Year 3 Retrofit Adjusted baseline Measured use Savings
Illustration, not project data. The adjusted baseline estimates what the building would have used without the work; the savings are the gap between it and the measured use.

Measurement and verification

Savings count only if they can be shown. On our ESCO projects, savings are measured and verified under the International Performance Measurement and Verification Protocol (IPMVP).

The baseline, the measurement boundary and the way the baseline is adjusted for weather and occupancy are written into an M&V plan before work starts. Savings are then reported against that plan at agreed intervals.

Talk to an engineer

Tell us about the building and the plant you need to control, and one of our engineers will get back to you.

Phone
+66 2 722 1362
Email
info@goldmarktech.com
LINE
@056vqxls
Office hours
Monday to Friday, 08:00–17:00