The Vienna-based Renewable Energy and Energy Efficiency Partnership (REEEP) announced the winners of its 7th project funding cycle. In a highly competitive process, 49 projects in 25 countries were selected for funding out of a total of 694 project concepts received from around the world.
The CanmetENERGY’s RETScreen International has won funding from REEEP in this round to develop a new Monitoring, Targeting, and Verification (MTV) tool for RETScreen. A comprehensive MTV tool will be incorporated into the next major release of RETScreen (Version 5) that will be developed over the next few years. A monitoring, targeting, and verification tool is an important part of energy efficiency analysis, essential to ensuring the most efficient functioning of energy efficiency projects.
The RETScreen Clean Energy Project Analysis Software is a unique decision support tool developed with the contribution of numerous experts from government, industry, and academia. The software, provided free-of-charge, can be used worldwide to evaluate the energy production and savings, costs, emission reductions, financial viability and risk for various types of Renewable-energy and Energy-efficient Technologies (RETs). The software (available in multiple languages) also includes product, project, hydrology and climate databases, a detailed online user manual, and a case study based college/university-level training course, including an engineering e-textbook.
Implementing such capabilities into RETScreen will help a user understand how energy is consumed in an organization; understand the opportunities available to save energy; and achieve cost savings, greenhouse gas emissions reductions, and the expansion of markets for energy efficiency projects.
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