Guangdong Energy Efficiency and Environment Improvement Investment Program - Tranche 3

Energy saving estimates. The actual energy savings achieved by the tranche 3 project are much higher than anticipated at appraisal. More accurate methods of estimating energy savings should have been used at appraisal. The key is to establish an accurate baseline and design a customized M&V method to verify energy savings achieved from the outset. It is also important to use the same methodology for pre- and post-project energy saving calculations.