training review board canadian forces

>> stephanie bechler: hello, everyone. i’mstephanie bechler with the national renewable laboratory, and welcome to today’s webinar,which is hosted by the clean energy solution center, in partnership with canmetenergy.today’s webinar is focused on how to use retscreen clean energy management softwarefor financial analysis. one important note of mention before we begin our presentationsis that the clean energy solution center does not endorse or recommend specific productsor services. information provided in this webinar is featured in the solution center’sresources library as one of many best practice resources reviewed and selected by technicalexperts. before we begin, i’ll go over some of thewebinar features. for audio, you have two

options – you may either listen throughyour computer or over your telephone. if you listen to the computer, please select themic and speakers option in the audio pane, and if you choose to dial in by phone, pleaseselect the telephone option, and a box on the right side will display a phone numberand pin that you can use to dial in. if anyone is having technical difficulties with thewebinar, you can call the gotowebinar help desk at 888-259-3826 for assistance. if youwould like to ask a question during the webinar, and we encourage that you do, we ask thatyou use the questions pane where you can type that in. if you’re having difficulty viewing thematerials through webinar portal, you’ll

find pdf copies of the presentations at cleanenergysolutions.org/trainings.also, an audio recording and – will be posted to the solutions center training page withina few weeks, and it will also be added to the youtube – to the solutions center youtubechannel, where you can find other informative webinars, as well as video interviews withthought leaders on clean energy policy topics. today’s webinar agenda is centered arounda presentation from our guest panelist, gregory leng, with our dinesh parakh also on the line.our panelists have been kind enough to join us to show us how retscreen can be used toidentify, assess, optimize, and track the performance of clean energy investments overthe entire project life cycle. before the presentation, i will provide ashort overview of the clean energy solution

center initiative, and then following thepresentation, dinesh will moderate a question and answer session where gregory and dineshwill address questions submitted by the audience, and then we’ll conclude with a brief survey. this slide provides a bit of background interms of how the solution center came to be. the solution center is one of 13 initiativesof the clean energy ministerial that was launched in april of 2011 and is primarily led by australia,the united states, and other cem partners. outcomes of this initiative include the supportof developing countries and emerging economies through enhancement of resources on policiesrelating to energy access, no-cost expert policy assistance, peer-to-peer learning andtraining tools, such as the webinar you’re

attending today. the solution center has four primary goals.it serves as a clearinghouse for clean energy policy resources. it also serves to sharebest policy practices, data, and analysis tools specific to clean energy policies andprograms. the solution center delivers dynamic services that enable expert assistance, learning,and peer-to-peer sharing of experiences. and finally, the center offers dialog on emergingpolicy issues and innovation around the globe. our primary audience is energy policy makersand analysts from governments and technical organizations in all countries, but we alsostrive to engage with the private sector, ngos, and civil society.

a marquee feature that the solution centerprovides is a no-cost expert policy assistance program known as ask an expert. the ask anexpert program has established a broad team of over 30 experts from around the globe whoare available to provide remote policy advice and analysis to all countries at no cost.for example, in the area of finance and markets, we are pleased to have toby kachur, directorof renewable energy at e3 analytics, serving as one of our experts. if you have a needfor policy assistance in finance and markets, or any other clean energy sector, we encourageyou to use this valuable service. again, the assistance is provided free-of-charge, andif you have any questions for our experts, please submit it through our simple onlineform at cleanenergysolutions.org/expert. we

invite you to spread the word of this serviceto those in your networks and organizations. and now i’d like to provide a brief introductionfor today’s panelists before we get started. first up is dinesh parakh, a program advisorwith retscreen international, where he manages strategic partnerships, communications, andbusiness development. dinesh is the lead author of the retscreen energy legal and policy toolkits.after dinesh, we have gregory leng. greg is the creator and director of retscreen cleanenergy management software at the national resources canada’s canmetenergy researchcenter. he specializes in clean energy market, technology and finance interface, and hasbeen working in the renewable energy and energy efficiency field since 1987. and with thoseintroductions, i would like to welcome dinesh

to the webinar. >> dinesh parakh: thank you, stephanie. i’veshown my screen. well, thank you again, stephanie. good morning, good afternoon, good eveningto all of you from around the world in different countries and different, perhaps inconvenienttime zones. we do really appreciate you making the effort to attend the webinar today. thisis the fourth in a series of webinars on the retscreen clean energy management software,which is provided as part of canada’s contribution to cesc’s ask an expert service, which stephaniejust mentioned. after a very brief overview of the retscreen software that i’ll provideright now, gregory j. leng, who is the creator of retscreen and the director of retscreeninternational is going to do a live demonstration

on the new retscreen expert software. so, what is retscreen? retscreen is essentiallysoftware that allow the user to determine whether or not a proposed renewable energy,energy efficiency, heating and cooling or co-generation project makes financial sense.if the project is viable or if it is not, retscreen helps the decision-maker understandthis quickly, unequivocally, in a user-friendly format, and at relatively minimal cost. you’llsee on the bullet points above that the software is available in 36 languages, covering two-thirdsof the world’s population. at present, we have over 465,000 users in every country andterritory of the world. this software is growing at a rate of about 30,000 new users everyyear. a large number of universities and colleges

are using retscreen for teaching and research,and we estimate that retscreen has been responsible for well over $8 billion in direct user savingssince the first edition of the software was made public in 1998. this particular webinar is going to be demonstratingthe new retscreen expert software, which is currently being beta-tested and is scheduledfor public release in october. if you are interested in beta-testing the new software,you can contact us through our website – www.retscreen.net. it’s up at the upper right-hand corner ofthe screen there, and what we’ll do is add you to our list of beta-testers, who willreceive a copy of the software towards the end of may. for now though, the internationallyknown and very well recognized retscreen suite

is available for immediate use. you can downloadthe software right after this webinar by going to our website. the software is free of charge,and you can download it in the language of your choice. i want to stress that the stats that i haveoutlined here on the screen – these are for retscreen suite, so you don’t have towait for retscreen expert to start achieving real results. in fact, starting to use retscreensuite is going to give you a real head-start on using the new software retscreen expert,so we do encourage you to download the software, if you don’t already have it. this graphis just a snapshot indication of how retscreen has become the most widely used software toolfor clean energy project and performance analysis.

it very quickly depicts retscreen’s growth,which i mentioned is more than 30,000 – it’s probably well over 30,000 new users everyyear. retscreen has really become the de facto globalstandard for clean energy analysis – whether you judge it by metrics of market penetration,use by key organizations, including governments, private sector, and academia – and of course,energy and money saved. retscreen is used by many, many more people than all other cleanenergy analysis software combined – we estimate roughly double the number of all of the othersoftwares combined. and you’ll see on the right-hand side of the slide there just thetop 20 countries in terms of retscreen use and all the largest economies of the worldare represented there, so it just gives you

an example of how retscreen really has becomesort of a universal software tool for clean energy analysis. and finally, this slide shows the home screenof the new retscreen expert. so, retscreen expert is the next generation of the retscreensoftware, and as mentioned, it’s scheduled for public release in a couple of months – inoctober, it will be available on our website. retscreen expert has been funded primarilyby natural resources canada with important contributions from partners, including thenational aeronautics and space administration in the us, nasa, the renewable energy andenergy efficiency partnership in vienna, and ontario’s independent electricity systemoperator. so, the best way to understand retscreen

expert is to see it in action. you are actuallyone of the first groups to actually see the software demonstrated live. so, i am now goingto stop talking and let greg give you a live software demonstration. greg? >> greg leng: thanks, dinesh. just want toconfirm, dinesh – can you see my screen with the software showing? >> dinesh parakh: yes, i can. >> greg leng: okay, great. so, welcome everybody,and also thank you to cesc and nrel for inviting us to make this presentation. the cesc service,i think, is an excellent service that nrel and its partners are providing. so, todayi’m going to be presenting the new retscreen

expert software. dinesh mentioned it is currentlyin beta-testing. it will be released to the public in october, but we will expand ourbeta-testing at the end of may. so, for those that are familiar with the current versionsof retscreen – retscreen suite – within retscreen suite, there is a product calledretscreen 4, which is a feasibility analysis tool to determine does your renewable energy,clean energy, energy efficiency project make financial sense. then there’s a retscreenplus product which is your measurement verification or your monitoring tool to actually trackthe performance of your investments over their life cycle. so, those are available in retscreensuite. today, as we’re showing the retscreen expert,there are sort of three major new upgrades

to the software – to the retscreen softwarepackage. one of them is the – those various modules – feasibility analysis, performanceanalysis, and a new benchmark analysis module – they’ve all now been integrated intoone software platform, and this software platform now is a windows.net platform, no longer linkedinto microsoft xl, et cetera. so, that has been a major component – it is integratingall the software into one software platform, available in 36 languages. the second major component is we’ve developedwhat we call a virtual energy analyzer, and this allows you to do rapid energy modelingor remote energy analysis without having to visit the site to get a – do a quick feasibilityanalysis or a quick energy audit or facility

– to basically get an idea – does theproject potentially make sense, and if so, you adapt – you adjust your analysis withmore onsite information, et cetera and refine your analysis as you move forward. so, i’lldemonstrate that through a live example of a project in china. and then the third major component of thenew version of retscreen x – which is retscreen expert – is what we call my portfolio. andso, it’s a portfolio analysis tool and what it does is it takes all of your differentanalyses of – for example, wind farms and power plants or buildings, factories, et cetera– and if you own multiple facilities or are looking at multiple facilities, you cancombine them all now into this one tool called

my portfolio, where you can manage all those– your portfolio of facilities and projects, and you also can analyze them and look atthe overall impact from a climate change or greenhouse gas mitigation perspective, financialreturns, energy savings, et cetera – you can do that all though this new my portfoliotool. so, the – today we’re really trying toanswer the question here – does our clean energy project or projects make financialsense? so, we’re going to focus more on the financial aspects of projects today ratherthan the detailed technical aspects. so, looking first at the platform of – or and the workflowof doing an analysis, the retscreen expert is made up of three key modules. there’sone which is a new benchmark analysis module,

where you do a – you can benchmark yourfacility, such as a commercial building, or a hospital, or a school, for example – andhow it compares to other similar facilities, so standard benchmarking, or you can alsoenter your own benchmark information if you want to compare it to corporate standardsor targets that you want to set. and within the benchmark module here, there are separateworksheets. the first worksheet is a location worksheet, and the second one is a facilityworksheet. and you can see those actually at the top of the screen going from left toright. so for example, the location worksheet is where information about the – where yourproject is located, climate information, et cetera, and then facility is, therefore, aboutyour facility, et cetera. so, you access the

various worksheets at the top of the screen,as i’m just doing there. so, i’m going to go back to the file home here. so, that’sthe benchmark analysis module. once you’ve done a quick benchmarking – howdoes your facility look – you then can move into feasibility analysis, which is goingto be a more detailed analysis than basic benchmarking, where you’re going to go inand look at how much energy does your wind farm produce, or how much energy can you savein your energy-efficient or green building, for example. and that’s – you do yourenergy analysis on the energy worksheet highlighted here, and then you can summarize and do moredetailed cost analysis, if you want, on your cost sheet. then there’s emissions analysis,where you do your standardized greenhouse

gas emissions analysis. then there’s financialanalysis, where you determine the financial viability of your project – calculatingthings like internal rates return, and simple payback, and net present value, et cetera.and then there’s the risk analysis, and that’s where you do a more advanced analysis,and sensitivity analysis, where you’re trying to look at various different uncertaintiesin your analysis and try to predict future returns in different scenarios. so, that’son the financial feasibility side. then the performance analysis module – andthose that already know retscreen, that would have been what you’ve recognized as retscreenplus – this is our measurement verification or monitoring targeting reporting tool, andthat’s to allow you – once your facility

installs your individual projects, that youcan then measure and verify over the life of those facilities – are you actually gettingthe performance that you expected, are you getting the returns, and the energy-saving,for example, that you expected – the cost-savings, et cetera? and that’s made up of a seriesof worksheets. again, there’s a data worksheet, and that’s essentially a database that allowsyou to collect data such as how much natural gas you use, how much electricity, and alsoother parameters that correlated with that, such as climate data, weather data, thingslike heating degree days, solar radiation, et cetera. so, that’s stored and filteredin the data analysis worksheet. then there’s an analytics worksheet where advanced regressionmodels are used to – predictive models that

take into account and normalize your energyperformance based on varying parameters, such as weather or production in a factory, etcetera. and then it links in then to a reporting tool,where you report your results to decision-makers and facility operators, et cetera. and oneof the key things here is, as you see, is a circle. so, the idea is once you report– say you compare your results to benchmarks again – you continue to set over the lifeof a facility – continue to look for more and more ways to reduce energy consumption,save – reduce greenhouse gas emission, save money, et cetera – and it’s a continuousprocess, including commissioning – re-commissioning of facilities, et cetera. so, that’s depictedin that workflow there.

now, i’ve mentioned some different typesof facilities that the software can be used for. so, retscreen could be used – and thismodule or this new version of the software – can be used for various types of powerplants, such as very large combined-cycle steam turbine plants and coal plants, even;hydro wind, [inaudible]_, solar thermal power, et cetera. and then on the building’s factoryside, it can be used for all sorts of industrial facilities – same on the commercial institutionalside – commercial buildings and institutional buildings, like schools and hospitals, etcetera – on the residential side, such as apartment buildings and houses. on the agriculturalside, it can be used for analyzing greenhouses and chicken coops, for example; and/or youcan do your own user-defined analysis. so

for example, it might be street lighting or,in this case, lighting of peers or sidewalks, et cetera. and in addition to being able to do a fullfacility analysis, you can also use the software for just specific individual measures, suchas solar water heaters, or just lighting replacements, or pumps and motors, fans – any individualmeasure that you want to look at. and, of course, the software can be used for bothnew construction, and it can be used for existing facilities. and this picture is quite goodbecause it shows the concept of before and after – left side to right side – basecase, proposed case – what do you have now, and what do you want to do. in this case,they’re improving the building envelope

of that building. so, that’s just to give the concept of doingbasic financial analysis. integrated in within the software is some key features that youshould be aware of. so, one is a user manual that – so basically for every cell in thesoftware – so i’m going to move my cursor here – for example, i’m moving it overthe term “getting started/options”. so, if i click on that – when you see the littlehelp button appears next to the cursor – if i click, it opens the user manual specificallyfor that topic. so, that’s a great way to quickly understand what’s going on in thesoftware, and if you want to learn more details about any section.

i also have a product database of over – ithink we’re approaching 50,000 different products from power products, heating, cooling,pumps, motors, and lights, and et cetera. so, that product database continues to beupdated and improved. we’ve built in a new cost database of what various energy efficiencymeasures cost, et cetera, in our renewable energy systems, so that we’ll show livein the software. there’s a benchmark database of typical benchmark facilities around theworld. and there’s a climate database, so i’ll just click on that just to show you. so, we have in the retscreen software 6700ground stations around the world, and those are represented by the red dots there. thoseare typically airports or military bases,

et cetera. and then for communities aroundthe world which do not have a ground monitoring station, we then supplement that data withdata from nasa satellites, which provides the climate data. and so, for example, ifi click on the map and move it – and say the project is located right where that littlehouse icon is – the software will automatically find the closest station for you and tellyou the distance to each station, and you can change stations, if you want. so, that’san extremely valuable tool, and that’s a global tool – that’s for across the globe,we have climate data. so, that’s a very valuable tool in the software. we also have weather data – so climate datahas long-term averages, weather data is what

happened yesterday, basically, or today. andweather data is used when you’re doing your measuring verification and your ongoing performance.and so, with our collaboration with nasa, we can actually stream near real-time datafrom nasa satellites through their large computer systems directly into the retscreen software.so, that’s an extremely valuable tool. and then there’s a new tool called the feasibilityanalysis dashboard, and that i will show in a few minutes during my demonstration. so, let’s get right into doing a demonstrationnow of the virtual energy analyzer, and let’s do a project. so, i’m going to click – andthis is a great way if you’re doing benchmarking and feasibility analysis – where if you’redoing more detailed performance analysis – it’s

a great way to start within the software,if you’re starting an analysis of a facility for the first time. so, i click on the virtualenergy analyzer, and so it opens, again, the big map. and the basic concept here is thatby answering basic three or four questions – so, what type of facility are you – witha bit more detail – and where are you in the world – just with that basic information,the software will be able to provide you with a rapid analysis – feasibility analysis– depending on the type of facility and where it is, and a relatively accurate analysis,to rapidly get you started on a more refined feasibility analysis, energy audit, et cetera.the idea is to get you anywhere from 50 to 90 percent where you need to go in doing youranalysis – to significantly save you both

time and money, and improving the accuracyof getting to the right answer. so, for example – so, like i mentioned earlierfor power plants, the software can be used for various types of power plants - [inaudible]__wind, gas turbine, combined-cycle, et cetera – steam turbines, and then with biomassfuels, et cetera – but we’re going to – the other types of facilities, again,are industrial – so this virtual energy analyzer is made up of a database of archetypicalfacilities and within that database, we have a varying level of details, but we’re – beforewhat you see as five-star ranking of any archetype here – is we’ve actually gone in and donethe base case energy analysis, we’ve done the proposed case and what are some of thethings that you can do for the facility, and

we’ve actually done the incremental costanalysis. and that’s what, in this case, we’ll call a five-star archetype. and so, for example, under industrial, we’veso far built up some key industrial facilities where we’ve done both the base case, proposedcase, and incremental cost analysis, and of course, this software can be used for allsorts of other types of industrial facilities. and then the same thing on the commercialand institutional buildings. so, for example, education – we have archetypes for elementaryor high schools, the same thing for food retail, grocery stores, food services, but quick-serviceand full-service restaurants, healthcare facilities, outpatient clinic or very large hospitals– these are all what we call five-star archetypes,

where we actually have the full analysis donefor you – hotels, large and small, et cetera. and then the same thing when we have – samething for a residential, for apartment buildings, and then we’re working on ones for housing,et cetera. and then agricultural – right now, we’ve built up a couple for greenhousesand poultry and we’ll continue to expand that. so, let’s go in just – today, as an example– at something that could be applicable to many of the people in the audience today.so, let’s take a look at an office building and in this case, let’s do a medium-sizedoffice building. and we’re going to look at doing energy-efficiency in that, and abit of renewables, et cetera. and let’s

assume that building is in suzhou, china – justoutside of shanghai. i’ve done a bit of work there, so i’ve chosen that as an example.so, i’m just going to double-click here, and it automatically brings me to suzhou,china – just zoom out – you can see shanghai is right here, so you can see where it iswithin china, and i’m just going to zoom in – center it – i’m just going to centeragain using this feature – and center it right to where i clicked. so, let’s go in and let’s find a building– so i’m sitting here in my office near niagara falls, canada looking basically liveat doing a project in suzhou, china. and let’s go in – i remember seeing there was a footballstadium, and it’s right here – so i remember

there’s an office building and stay rightnear there. so, there’s an office building right there. so, we can – again, here iam remotely going in, looking at this facility, seeing this sort of heating ventilation equipmenton the roof, and that’s it. i’ve just chosen three simple parameters and where areyou in the world. i’m now going to hit calculate. so, i hit calculate, and i’m not going tosave what i did before. so, now the software decision engine is calculating, it’s gatheringclimate data, it’s gathering cost data, it’s gathering product data – and boom,it’s done. it’s now done a feasibility – a pre-feasibility or quick energy auditfor that facility in china. and then the idea now is i can go through and adapt it and modifyit to more accurately predict the potential

energy savings and the financial returns forthat facility. so, let’s go through now over the next 15to 20 minutes or so – just going in and taking a look at how that analysis was doneand how we get to determining is this a financially viable project. so again, we’re lookingat this mid-sized commercial office building. so, the software automatically brought usto the location page. so, this location page is where you have your key information aboutyour facilities – the map is right here, you can zoom in, if you want, into the mapand change to a street view, if you want, et cetera – so it just shows the flexibilityin the software. and the software – using the retscreen climate database – has goneand gathered all the climate data. it’s

also gone in and gathered climate zone – orcalculated climate zone information for that facility, and in this case, we’re seeingthat the source of the data is nasa, and the reason is is that there actually is not aground monitoring station available there, and so in this case, we’re using nasa satellitedata to calculate our heating or weather-dependent variables – or climate-dependent variablesin doing our analysis. so, the information is brought into the software– you can always modify it, if you want, but it’s from our database, and includingthings such as – the blue bars here are the solar radiation available, the green lineis the average temperature of that facility. you can do precipitation, for example, ifyou want. so, just this tool alone here is

extremely valuable when you’re doing energyanalysis of a facility. so, that’s – there’s not much we need to do here – the software’sdone it all for us, so we have all the climate information. so, let’s go now over to the facility information.this is the facility worksheet that i’m clicking on at the top of the sheet. so, thesoftware has gone in and, again, filled in everything automatically for you because iused the virtual energy analyzer. i want you to take note of the ribbon at the top of thesoftware – that’s very much like a wizard. if you follow the steps at the top, it makesit quite straightforward, but i wanted to note here when you use the virtual energyanalyzer, the virtual energy analyzer is actually

filling in most of the cells for you, andthen you just simply need to modify them. so, for example, just so we understand thecolor-coding for the software – so yellow cells are user inputs and required by theuser to run the model. white cells are output calculated by the model – you can’t changethem. blue cells also are required to run the model, but there’s a database availablefor retscreen, such as product data or cost data that will help you fill it in. and graycells are just for user information. so, for example, let’s – we’re preparingthis for this cesc webinar and it’s prepared by canmetenergy, just to give you an exampleof how you could use that. and then facility name, right here, let’s say it’s abcdcorp head office. so, that’s just basic

information using the bing map – it knowsthat we’re already in china and we built in a series of additional input parameters,if you’d like, so if i click on here, you can actually go in and have much more informationabout that company and who’s doing the software. and this all get’s added into the databasein the software, so you can use that over and over. you can also modify the images,if you like, and put your own photos in. so, that’s just basic – keeping informationavailable for your facility. now, the next section, which is step two here,is the benchmark. so, this archetypical facility is 4500 square meters, so you can, of course,use [inaudible] units, if you want, but we’ll stick to si units right here – metric. so,you basically use the facility size – you

can determine when you’re looking at energyuse intensity, you can, of course, change your energy units. so, the software automaticallyhas gone into the benchmark database and gathered – so for a typical office building in theus, we’re using us as the baselines for the basic benchmarking – is 293 kilowatthours per square meter, plus a range of values for average – for typical benchmarkers.and then the base case is for your facility. so, the software has actually gone in – becausewe use the virtual energy analyzer – it’s actually gone in and modeled that buildingalready, and come up with a base case energy use intensity for that facility. and througha series of proposed cost-effective measures, it’s come up and calculated that the softwarecan reduce 25 percent of that consumption,

and we’ll show how that’s done. so, that’s a quick benchmark analysis. andeach of these values, of course, can be changed by the user. you might have your own benchmarksthat you want to set – it might be a corporate benchmark. you might want to change your targets.so, for example, the base case and target is [inaudible] here. so, for example, youmight want to set a corporate target – and i can just drag the target on this graph – soyou might want to get to a 50 percent energy reduction. that might be a corporate target– or you might even go down to a net zero target of – no net energy consumption basicallyat the facility. and this is where renewable energy would come into play. but, we’llstick to the 25 percent target here – that’s

just to show you how easy it is to do benchmarketingand targeting for a facility. so, that’s it. the benchmark analysis is done for youagain. so, let’s now go to the energy modeling,which is more detailed. so, again because we use the virtual energy analyzer, the softwarehas gone in – it’s actually run a feasibility or energy audit for this archetypical facilityin suzhou, china. and then we can now go in, if we want, and begin to modify some of theparameters, et cetera. but first i want to show you the structure – so the – andyou’ll see that along the ribbon. so first, you identify your types of fuels and any schedulesyou have in the building. then you’ll go in to find your heating and cooling equipment– what type of heating systems you have,

et cetera, cooling systems, and the manualto support that. then you’ll go in and define your end-use, and so as i go across the ribbonhere, you’ll also see it’s the same structure as i go down the left menu here. so, for example, you go in and define yourbuilding envelope, and your lights, and you might have processed heat, processed steam,compressed air, et cetera. so, these are end-use – again, the manual can support that. andthen for step four, you might want to optimize supply, so in addition to your standard efficiencymeasures, you might want to come in and add solar air heating, solar water heating, forexample, or go in and add some renewable energy to help you get closer to your net zero goal,for example.

and then step five is really your summary– this is where we are right now, we’re in the step five, which is the summary viewof all the analysis. so, the software did all the analysis for you, and it’s summarizedby key parameters – so how much fuel saved, both electricity and other fuels, or you canalso look at how much base case energy is used, or how much proposed case energy – butwe’ll focus on the savings at this point. and then it breaks it up by both – for heatingloads, for cooling loads, and for electricity loads, plug loads, et cetera – and thenwhat are the incremental costs, which the software automatically goes in and calculatesand the user can modify; and then the fuel cost savings, also incremental; operationmaintenance savings or cost. and then a quick

calculation of simple payback to give youa basic idea, and then you can do more sophisticated financial analysis after. and then this column over here on the right,which is –basically, this becomes your energy plan for your facility, and then you can tickthese boxes and turn on and say, “ok, i want to do this” – if i untick it – sofor example, right now we have solar water heating and portable tanks that are unticked– we’ll come back and look at those after. so right now, they’re not in this plan.and so, we can see down at the bottom – it shows us the total heating savings, coolingsavings, electricity savings – and then how much all that would cost, the cost savingson an annual – from a monetary perspective.

and then those who know how to calculate simplepayback – it’s quite simple – proves it’s a 6.1 year of a simple payback forthis facility. so, just to see now how you can zoom in andbegin to do and modify a more detailed analysis. so for example, let’s take a look at lights.and so, within lights, there’s various type of lighting – in the offices, in the cafeteria,outside parking, et cetera. so, i’m going to click here on office, and it’s goingto bring me to a light form, and you can also see it on the left menu over here. and i cannavigate between the various forms there as well. but we’re going to look at the lightin the office. so, in the base case, we have fluorescentt8 as assumed in the archetypical facility,

but you very quickly can change it to anyother sort of base case lighting that you might have in your facility. and then theproposed case we’re proposing here – light-emitting diodes, which are rapidly expanding globallyas an energy efficiency measure. but there’s various other type of lighting systems thatyou can put in, depending on the end-use – a hockey arena is going to use different sortsof lighting, for example. and we also have different databases to – if you don’twant to use our generic values, you can also go into individual manufacturers and use theirproduct data. so, there’s various base case/proposed caseinformation entered about the lighting – for how many lighting fixtures, et cetera, andhow many hours a day they’re used, and also

the life of the lamps, et cetera, which isa key parameter. and so, for example, i mentioned there is a new retscreen cost database, soif i click here, this actually opens the new retscreen cost database, and it is specificto each technology, so we have one for pumps, one for [inaudible]__ modules, et cetera,et cetera. so, this is for lights, so it gives you typical lamp costs, installation costs,and also hours for various different types of facilities, and then you pick and choosewhich one you want, and hit go, and the values get pasted into the software. so, it’s agreat starting point if you have no information on costs or if you want to check or refine.it’s extremely value that way. and in the end, basically we’re interested in boththe energy and the cost savings, then ultimately

the greenhouse gas savings as well. so, on the electricity side, the base caselighting load on an annual basis here for the offices would be roughly 92,000 kilowatthours, and in the proposed case scenario, it would be 46,000 kilowatt hours. so, basicallythere’s a 50 percent savings by going to the light-emitting diodes. another importantparameter here – and that often gets forgotten when people do analysis of facilities, buildings,factories, et cetera – is they forget the heating and/or cooling impact of the efficiencymeasures that they’re implementing. so, for example, if you put in more efficientlights, you’re actually going to have less waste heat available in that facility becauseyour lights are using that energy much more

efficiently. and so that waste heat – ifyou reduce the – you increase the efficiency of the lights and you have less waste heatavailable – that’s going to help you on your cooling loads. that’s going to reduceyour annual cooling requirements. but on the other hand, it’s going to increase yourannual heating load requirements because you’re going to have less waste heat off the facilities,and depending on where you are in the world, that can actually be a pretty significantvalue. so, it’s important to consider also this dynamic impact of individual measures,such as lighting, on the overall system. and the retscreen analysis module software doesthat for you. so, i’m going to go back to the summarypage, and those results are just summarized

here and then you calculate the simple paybackfor each measure, et cetera. and just to show how the same approach – same process isdone for other measures – the piece of equipment, for example. so for example, we look at motorsfor the elevators in the office building. it’s the exact same user interface – theonly difference is now we’re dealing with motors, and size of motors, and rpms of motors,et cetera. and the base case – we’re using standard efficiency – there’s efficientor premium efficiency motors, or you can do a user-defined and use a motors database tocalculate the values. and the same thing – there’s also the heating and cooling impact of puttingin more efficient motors. so, same approach throughout the software.

so, that was a very basic financial analysisof an archetypical, mid-sized office building in suzhou, china. so, you can do a seriesof measures and roughly get a 6.1 year payback, and you can see the details on each of those,if you want. so, let’s continue to move now through the retscreen software so we canlook at other aspects of how do we do a more detailed financial analysis, for example.so, there’s a cost analysis worksheet where your costs are summarized – you can showthe details from the previous sheet of each individual measure – or if you want, youcan get very detailed at level three and zoom right in and do a very detailed cost analysis,if you want. but we’re going to keep it a bit more simple today. it just shows youhow you can go from higher level one to deeper

levels and deeper level analysis over timeusing the retscreen software. the software automatically calculates thegreenhouse gas savings for you – this is work we’ve done with the un and the worldbank. here in china, it’s used as emissions factor for the savings for the facility, sothat those measures that we just did is equivalent to about 20 north american cars taken offthe road, or about roughly 25 acres of forest absorbing carbon. and you can do carbon trading,if you want, by putting a carbon price in a cell down here. on the finance side now,we get more details going from just a simple payback calculation, which is simple, it’seasy to assess why people use it, it’s a starting point.

but if you want to get into really promotingand deploying clean energy and helping governments and organizations, private sector/public sectororganizations identify financially viable projects, you need to make your financialanalysis a bit more sophisticated. because often – for example, a 6.1 year paybackas was calculated in the software – if that’s a company, that might actually be too long.it’s okay for a public institution, like a school or a hospital, but companies mighthave a shorter payback requirement. but that same project – 6.1 year, which is highlightedhere – it actually has a pre-tax internal rate of return of 34 percent. that’s basicallyyour return on investment of 34 percent, which is far greater than any return you’re goingto get by putting it in bonds and investment,

even in the stock market. so, the projectmight get rejected with a 6.1 year payback when, in fact, it’s actually an excellentfinancial investment with the organization. so, this is why we move to a more sophisticatedfinancial analysis in retscreen to actually help decision-makers find these viable projectsand implement them over time. so, again, the software has gone in and automatically donethe financial analysis for you. the user can go in and change the value, such as inflationrate or whatever values they want – it goes in and assumes 70 percent debt, meaning yourfinancing – 70 percent of the project putting 30 percent of the money down yourself – andthe interest rates, but you can modify all those. and then the cash flows for the projectsare shown here, and so you can see that after

the first year, you spend money to implementthe project, but then it’s a series of positive cash flows, and then in this year when yourloan is paid off, the cash flow is improved even more. and we can do more sophisticatedthings like income tax analysis, et cetera – we’ll show that in a few minutes. sonow, we’ve done the financial analysis – our software’s done it for you actually. then we move into even more sophisticatedfinancial analysis, and this is where we look at risk analysis, where we do both sensitivityand risk analysis. so, sensitivity analysis is you look at the performance parameters.so, let’s go back to finance for a second. so, we said the internal rate of return wasroughly 34 percent, and net present value

is positive – it’s in this case, it says$74000.00, so it’s – the project is making money. so, let’s just go now – and that’sfor a single run of the software for a single value – now let’s look at running thesoftware many, many times and look at various different scenarios. and this is often alsocalled due diligence analysis. so, for example, let’s say we’re interestedin looking at the parameter internal rate of return on equity, and the sensitivity rangemeans i just sat here, remotely from niagara falls, canada doing an office in china. so,i’m guessing at some of these numbers, but using the retscreen cost database – so,it gets us in the right range, but let’s say we’re plus or minus 25 percent in ourguessing. and the threshold is also what’s

known as the hurdle rate – this is whatthe investor will want as a return – internal rate of return on their project. so, let’s say, just as an example, - let’ssay their – for a clean energy project, so we’re looking for a hurdle rate of 14percent. so, what the software has done is quickly run a sensitivity analysis for keyparameters. so, this was the 34 percent internal rate of return that was calculated on thefinance sheet, and the idea is along the x axis we’re varying the initial cost of theprojects, and on the y axis, in this case, we’re saying what was the base case fuelcosts – what are we displacing actually. and of course, you can change those parametersand choose whatever you’d like to look at

along the axis. so for example, just to showhow this works – so for example, if our project actually cost 25 percent more – somoving this way – we would still have an internal rate of return of 23 percent, sothat’s still a good project. and if the project actually ended up being cheaper, you’dhave greater returns. falling on the y axis is what if our estimates of our base casefuel – how much fuel we use in the base case – was we actually didn’t use as muchin the base case or we didn’t pay as much for it; therefore, we’re displacing lesscost savings, basically – we see that our internal rate of return would drop to 13,and the software just highlights that for you automatically.

and you can go in and add parameters. thesoftware automatically goes in and looks at debt interest rates versus debt ratios, andin this case you see it really doesn’t have much of an effect at all. so, that’s sortof traditional sensitivity analysis – the software does it for you automatically. andnow risk analysis – this is actually much more sophisticated. it’s a statistical analysisusing what’s called a monte carlo simulation. in this case, let’s look at the [inaudible]_value. it’ll actually run automatically in the software for 500 possible differentcombinations, looking at the various uncertainties in each of your parameters to help predictwhat your potential outcomes are – what are the returns, in this case, in that presentvalue. and in the new version of the software,

we’ve increased that now to up to 5000 combinations,but i won’t do that here because being connected to a gotomeeting might slow it down a bit. so for example, what if our cost – we’rereally guessing – let’s vary that parameter by 50 percent. the software is now – wheni just clicked that, the software just ran 500 times, and re-predicted the outcomes ofthat present value based on varying the range of these input parameters. so, for example,and let’s do another one. let’s say, for example, our interest rates that were paidwere also maybe varying by 50 percent – you see the range of value changes. so, what thisgraph here – this is called a tornado graph – what this is doing is actually predictingthe relative impact of each of these individual

parameters – it’s basically telling youwhich ones are important – which ones do you need to focus on as you refine your analysis?and it very clearly says, in this case, that both your base case fuel cost and your proposedcase fuel cost are extremely important in terms of the possible outcomes of your netpresent value. this is really the parameter that you need to look at, and this is whereyou might use our performance analysis module to really go in and look at – for example,for existing buildings, what is your actual energy consumption, and in our energy modelpage, refining your energy calculations. it’s telling you those are the really importantparameters to look at. initial cost is also important, and it’stelling you in this case actually that your

debt interest rates and your debt term – howlong the loan is and stuff – actually have very little impact, and so it’s probablynot worth spending much time on that in the initial stages, at least. and then it also– the software also provides a probability distribution, and this is what banks and insurancecompanies will use when loaning money on a project or providing insurance on a project– they want to see is this project going to go bankrupt? so, they look at the probabilitydistribution of essentially negative returns. and in this case, this project – it’sonly one case where at the extreme left of this project distribution where there’spotential for a negative net present value. so, this has actually run the model 500 timesand come up with these possible scenarios

for net present value. so, this, from a riskperspective, would look like a very stable project from that perspective. and just in the four or five minutes remainingfor this section of the presentation, let’s go in now and look at the reporting tool.so, the software – we’ve built in an automatic reporting tool that goes in and automaticallyprepares the report for you. you can go in and - for example, you can go in and searchyour own logo, for example – i’ll just give an example from file, and then go ontomy desktop just to show you – for example, let’s say, mcgill university - ______ it– so it’s a very rapid way to prepare a professional-looking report as well. andthen the software automatically prepares things

like your cash flow graphs, et cetera. and we mentioned the software is availablein 36 languages, so in this case, our client is in china, so i would switch the softwareand the report over to simplified chinese, and the software is going to do that all automatically.so, just the cost savings in terms of doing translation of reports – you can see nowthe entire software is operating in chinese, so you can actually switch that for your client,they can review it in chinese, and then switch it back to english, if they have questionsor comments, et cetera. so, retscreen is also a great communications tool among these 36languages that we have in there. so, that is sort of the overview of the sort of financialanalysis and using the virtual energy analyzer.

so now, i want to dive a little bit deeperin the next five minutes or so and show you some other features that allows you to do“what if” scenarios in financial analysis. so, one thing i’m going to do here is openwhat is called our new feasibility analysis dashboard. so, i’m going to drag that rightover here. so, this is a really nice feature that lets you carry all the key calculations,such as the cash flows and things like that – and it’s moveable between sheets, soyou can actually go in and do “what if” scenarios and change figures, and see theresults. so, i’m going – and it has multiple views – you can do it as dynamic enlargedslideshows – you don’t even have to prepare powerpoint slides – it’s all done automatically.i like this one-column view, so i’m just

going to click on that – and that’s justloading – and i’m going to go in just to show you quickly how easy it is – i cango in and say, “what do i like to see?” so, i can do, for example, fuel savings – howmuch gas, how much electricity did we save in that project? and i like to see the annualcash flows, for example. and so that graph – i can show how much gas and electricitybefore and after, and this is how much is saved, and then the annual cash flows downbelow. so, you get to pick and choose what you like to see. so, actually what i liketo see actually when i’m doing financial analysis like this is i like to see the financialviability at the top, and the cash flow below, but again, you can customize the dashboardas you like. so, again, you remember here’s

our 34 percent return on investment, key parametersare summarized, net present value. so, let’s go back now and look at this quickenergy audit or feasibility study that the virtual energy analyzer did for us. now, thevirtual energy analyzer will automatically go in and also size-in a solar water heatingsystem, and a [inaudible]_____ system. and it’s usually unticked, meaning it’s designed,et cetera, and the user can go in and decide to add these. typically, they tend to be morecostly than traditional energy efficiency measures, but they also help you reach greenbuilding standards, reducing greenhouse gas emissions, particularly for net zero energybuildings. so for example, if i go in and tick and add the solar water heater system,we can watch the internal return here is 34.1.

if i go in and tick on that, the software,the engine – everything is being recalculated – the returns, everything throughout thesoftware is being recalculated there – and you can see that the solar water heating systemwill save just about 10,000 kilowatt hours of heat per year, at a cost of about $15000.00– simple payback of about 52 years. so, a long payback, but for example, if the ownerof this facility says, “look, we’re willing to accept any green energy, clean energy projectoverall at any facility that gives us a return of greater than 14 percent,” for example,or 18 percent, what we can do is go through and say, “well, what else can we do to maximizeclean energy in this facility while still meeting our financial objectives of our seniordecision-makers?” for example.

the next thing we would do is go in and lookat the [inaudible]__ system. now, again, looking at the internal rate of return, looking atthe cash flows over here, i hit go – so it’s now taking this 59 kilowatt systemthat the software automatically had [inaudible]__ - so it’s roughly [inaudible] percent ofthe roof area of the building done automatically, and you can see that actually the cash flowsall of a sudden get negative, until – or quite low until the loan is paid off, theinternal rate of return has dropped significantly. and that’s because the system relatively– it saves quite a bit of electricity in a net metering situation, but the system costis quite high and you see that reflected in the simple payback.

so, just like we before went in and lookedat the lighting system and the motor system, let’s go in just rapidly now and look atthe [inaudible] system on this facility. and let’s go in and say, “look, let’s gowith a small 10 kilowatt system,” because we want to get as much clean energy or greenenergy out of that building while still maintaining our internal rate of return target set byour senior management. so, we’ll go in and right now it’s a 59 kilowatt system – again,the inputs, the outputs, the interface of the software is the same that we were lookingat lighting before and now this is a [inaudible] system. let’s go into the product database justto show how that works, and what i’ll do

is i might actually choose a canadian solarplant because they’ve actually got several plants in suzhou, china, and let’s go inand choose one of their modules there – let’s see, a 200 watt module – so a 200 watt module,and i want to do a 10 kilowatt – you can also toggle up and down, if you want, buti’ll do a 10 kilowatt here – it’s got the efficiencies for those modules in thearea, and i hit go. it’s now pasted their value, it’s updated the software throughoutall [inaudible]. we have our cost database for our power plants that’s also been used.and so, this is interesting. so now, we can still afford to do a 10 kilowatt system, ratherthan a larger 59 kilowatt system. it still has the 42 year payback, but overall the paybackfor the entire analysis is 8.6 years, and

it gives you a return on investment of 18.4percent. so, in the last minute here, that’s justan example of how to use it – how to use the dashboard. so, in the last section here,let’s just go in quickly and show how you can dive even deeper into the financial analysis,such as doing income tax analysis. so, if this is a profit-making company, often peopleforget when you reduce your energy consumption, you’re actually increasing the profits ofyour company – you’re actually increasing typically your income tax on the facility,and that’s usually forgotten when people do their analysis. so, i’ve just saved 33percent – you have different depreciation methods, et cetera. and let’s say in chinathey have a five-year tax holiday for any

green energy projects. i can show you howyou can also use it for policy analysis, and i hit go – and so, the software again hasautomatically updated and we can see now the pre-tax internal rate of return is the same.but here now a new value has shown up – the after-tax internal rate of return is about14.8 percent, after you pay your income tax on that project. so, that – so we’re right on time, andso what i’m going to do is i’m going to keep control of this screen, but i’m goingto tell dinesh now that we’re ready to open up the floor to any questions that peoplein the audience might have. >> dinesh parakh: hey, thanks very much, greg.we’ll go quickly back to the example you

were just showing. a question came in withregards to that, and the question is: in your example measures for space heating and domestichot water – sorry, in your example, measures for space heating and domestic hot water wereincluded, but all results were zero. is this – am i misreading this? >> greg leng: so, that’s a good question.so, space heating and domestic hot water – so, that’s a good question. so, there’s twothings that we need to do when we do analysis. if we’re going to do a full facility, weactually need to model the entire facility, and all the different measures. so, even ifwe don’t improve the heating system or improve the cooling system, we need to model themso we can model the total impact on the facility.

so, we were looking at fuel saved, okay? so,we’ve done nothing to the heating system or the cooling system in this case. it’sthe same base case/proposed case for the heating system/cooling system. we could go in, forexample, and put in a high-efficiency boiler. so, i’ll just show that here quickly. 80percent – i could put a cost in, but for now, i won’t. and if i go and look now,there’s actually now a fuel saving for the heating system. so, that’s why it was therebefore – because we were actually not upgrading the heating and cooling equipment. >> dinesh parakh: thanks very much, greg.the next question here – this one actually came in near the beginning, but if you couldjust explain the quick – the basic difference

between homer and retscreen. >> greg leng: so, the basic difference betweenhomer and retscreen. so, homer is primarily focused on sort of off-grid or mini-grid typesystems, and homer tends to be – is more of a feasibility and optimization tool, whereasretscreen is a broader-use tool, so it covers energy efficiency, grid-integrated systems,et cetera, and – dinesh, if you can just – dinesh, if you can just mute your mic– thanks. and, so retscreen is a pre-feasibility tool, if you’re looking at an off-grid systemor a mini-grid in a developing country, you might – or remote area – you might useretscreen on the feasibility/pre-feasibility side, and then use homer to do your authorization.so, often we see people using both and homer

is an excellent software tool as well, particularlywhen you get into optimization and sizing and designing. but again, the other big differenceis retscreen is a fully comprehensive energy management software, so not only is it lookingat power systems, but it’s also looking at energy efficiency buildings, factories,and it’s looking at ongoing performance analysis, measurement, and also has a portfoliofeature as well, so it’s a much more comprehensive tool. >> dinesh parakh: thanks, greg. the next questionis: could you show the new portfolio tool, which you mentioned earlier? >> greg leng: so, we’ll probably organizewith cesc chat sessions later on doing performance

analysis, and also doing portfolio analysiswith retscreen, but just quickly – so, for example, so as i mentioned, one facility – youdo analysis for one facility, but now you can combine many facilities together. so,we do that through my portfolio. so, i click on my portfolio – so it’s all within thesame platform. so, what we’re going to do is you can open a portfolio file, or createa new one, and in this case, we have a sample portfolio, in this case, for some projectsin ontario. so, let me just click on that – i’m not going to save what i did before.so, it’s the same software platform. you see the worksheets at the top of the softwarehave now changed and it’s now our portfolio analysis module. so, i’m going to clickon all here, and so what you’re looking

at is essentially a database of many differentproduct ticks. so, we were looking at a medium office buildingbefore, but what if we did a small, large – so it’s a database of multiple projects,saved on this portfolio page. you can easily go in and add other projects to that databasejust by adding them there. and just to give you an idea of the file format – so, theportfolio file is, again, made up of a series of individual facility files. you can createseparate groups, like only looking at agriculture facilities, or commercial, institutional,et cetera. and just to help you manage your facilities, we also have build in the bigmap in terms of helping you manage your portfolio. so, for example, you can see the projectsin ontario here and see what facility is up

there – it’s an elementary school thatthey’re working on – or you can zoom in in ontario, for example – plastics factory,things like that. so, it’s a great management tool that way to visualize your entire assetpool. so, we have pension funds, universities, industrialmanufacturer, school boards, et cetera, hospital networks – that are using retscreen in thisway. and we’re beta-testing in a number of these different organizations. so, that’son the portfolio [inaudible]___ , such as your database of all your projects or facilities.and then you can actually go in a – what’s it called – a new dashboard worksheet, andactually do an analysis of your entire portfolio. so, for example on the screen here, we canbe looking at – for example, we were doing

a feasibility analysis before, so let’slook at commercial/institutional buildings. so, the key information is summarized here– how much fuel consumption – for each of the buildings here, you see down the leftmenu here how much fuel consumption, base case, proposed, and how much saved, the fuelcost savings, the greenhouse gas emissions, and your key parameters, such as how muchit costs, simple payback, and internal rates of return. and then that data is shown graphicallyhere, so i can scroll the bar down. so, we see the hospital for example – thebase case versus proposed case system. this is showing just the total energy consumption.so, that can show you that if you’re looking for a large quantity of savings, or you canmodify this graph and say, “well, no, actually

i’m interested on from an energy use intensityperspective,” so i click go here, and it’ll actually tell you actually on a square meterbasis which facilities are actually consuming a lot per square meter, and you can see nowin this case, it’s the quick-service restaurants and full-service restaurants. and there are some other nice features inthere that you can show quickly – so, for example, you might want to look at which onesgive you the best internal rates of return on your equity. so, you can target – ifyou’re doing an investment over an entire portfolio of facilities – which ones doyou want to focus one first. so, it’s showing you that the high school and the hospitalhave the two highest returns on investment.

so, it shows you how you can use this to manageyour portfolio, and i’m just showing the feasibility analysis, but you can also, ofcourse, do it for performance analysis and what is the ongoing savings and consumptionin greenhouse gas use, et cetera. and of course, that’s linked into an automatic reportingtool as well, just like the feasibility analysis. >> dinesh parakh: great. thanks, greg. veryinteresting. the next question is: can we use this model if we use the software forindustrial process heating at a hot water of 90 degrees centigrade? >> greg leng: yes, so process heat – youcould use a virtual energy analyzer and go in and take one of our industrial examplesthat way. we also – if those that have used

retscreen in the past – we also have casestudies and templates. so for example, heat recovery – for example, in a brewery ora petrochemical plant. so, if i double-click on here, it’ll open it up – so this isessentially an individual measure for an industrial facility, and i’ll go in after and lookat – so it’s processed steam – you can go in and set your flow rates and your temperatures,et cetera. and you can go in and look at process electricity, existing losses, the whole bit.you can do various sophisticated analyses that way as well. >> dinesh parakh: and the next question is:can this model be used for a solar cooling system?

>> greg leng: yeah, so the - yeah, it can.we’re actually in the process of installing a solar absorption cooling system – sorry,an ejector cooling system on our roof of our facility at our lab in montreal. you can doit – you would probably need to do it – we don’t have a direct model for solar coolingyet because we tend to focus primarily on commercially-available technologies that arewidely used, but we add technologies over time. so, the way you do it probably is you’dprobably do it as an absorption cooling system depending on the technology you’re using,and you assume the amount of heat that’s actually available from your solar system.so, you can do it – that one, you contact us and we can show you how to do it becauseit’s a bit more complicated as it tends

to be a sort of one-off system. >> dinesh parakh: thanks, greg. the next – anotherquestion is coming. i would like to see an example of using the software for monitoringand verification for a building. >> gregory leng: so, that in itself couldbe a whole other webinar, but let’s – so when we’re talking measurement verification,we’re really talking about the retscreen performance analysis module and this is whereyou do monitoring on an ongoing basis and the measurement verification is a very specificterm used under different protocols for verifying that you actually get performance – theactual performance versus predicted performance of your measures. so, retscreen will do thatautomatically for you. so, probably the best

way to do that would be go into our case studiesagain, and i’m going to look at – i’m sorting by analysis type here. so, we havesome examples that you could look at. so, i’m going to take a performance analysisfor a small office building here in canada. this is a built-in example. so, given theamount of time left, i won’t go into any detail here, but just to show you how youcan look at it. so, you can go into our case studies and template section, but it’s thesame look and feel. the location – this is in northern british columbia – and thefacility page are the same – there’s the building we’re looking at. and the differenceis now the worksheet’s at the top – data and analytics. if i click on all, you’regoing to see the other sheets that we were

looking at for energy costs, finance [inaudible]__- but to keep the analysis more simplified, we’re going to look at the data. and so this is essentially the database, andi click on – so we have some natural gas information there. this is the actual consumption,and then we calculate the heating degree days for the exact same time period, and this iswhere you do your – it sets you up for doing the regression analysis, where you take youractual consumption, for example, versus a factor of influence, such as the weather – likeheating degree days, et cetera. then you use that data and do analytics and this is whereyou do things like regression analysis, where you’re trying to create a predictive modelgiven certain temperatures, et cetera. and

then out of those analyses you can createautomatically in the software measurement verification graphs, which is a standardizedgraph. so, the software – so, just quickly to showyou – so this is given the historical and baseline information, this is the consumption,the baseline year consumption of the building for natural gas, and if you did nothing tothat building – in this case, this building – there was a high efficiency boiler putin, a gas boiler – so, if they had done nothing, the blue line – given the heatingdegree days, the outdoor temperature – this is what you had expected the consumption tobe, the blue line. the green line – as you see when the project was actually implemented– is what the actual consumption was after

the – and the area between those two curvesis actually your energy savings. so, that’s a standard measurement verification graph– the software does that for you automatically. and then, of course, the same reporting featuresare built in and you can see it’s all automatically built into the report, including all the graphs,et cetera, and the data, if you want to see the data, as well. so, i think we still havetime for another round of questions. >> dinesh parakh: there’s one question relatedto that – what you just showed, greg. how does retscreen verification implementationcompare to the international performance measurement and verification protocol standards? >> greg leng: yeah, so great question. so,what i’m showing you here is – we developed

this with this organization that’s calledevo – i think it’s energy valuation organization – who developed the ipmvp, as it’s called.it’s just the standard for doing measurement verification. so, we actually developed itwith them - [inaudible] air international was the company that worked with us who wason their evo board – and we validated and tested it and they [inaudible]. so, this isdeveloped within that standard – specifically, for it. and they validated it versus the standard,so this graph was done specifically for ipmvp. and on top of that, we’re also working withorganizations who are using retscreen for iso 50001 energy management standard, whichis excellent. and also now looking at the superior energy performance standard in theus for industrial, we’re also looking to

make sure the software is compatible withthose standards as well. so, we’re fully integrated with our users and these sortsof standards. >> dinesh parakh: thanks, greg. a couple ofmore questions – i think we have time for one or two more quick ones here. the questionhere is: the emission reduction calculation – is it as per the unfccc methodology – cdmmechanism? >> greg leng: that’s a good question. so,let me just load a building here for us – i missed loading any building for our virtualenergy analyzer. so, we actually worked with the unfccc, originally through the unitednations environment program and their resource center in denmark, and then with the worldbank’s prototype carbon fund. and so, yes,

we developed this tool with them – the emissionsfactors that were reported into the unfccc for each country, we validate them with theghg protocol, for example, and we also might have some additional national numbers, likefor each province in canada, and the us – or for each state in the us. but it’s donewithin the unfccc. and for example, there are – within the unfccc – i’m just openingthe manual here – for example, for solar water heating projects, retscreen is actuallythe tool requires under the cdm to be used to do your cdm projects. so, not only arewe integrated with them, in some cases, retscreen is actually the required software tool tobe used under a cdm project, for example. and i’ll just sort of – while we’reon that – because we have built-in electricity

factors and various types of fuels, and alsoagain as part of our work with the un, you can also go in and do a more detailed emissionsanalysis – and you can see the ipcc – [inaudible]_ numbers above – but you can go in – thiswas one of the requirements that the unfccc requires from us and the world bank – isthat you can do a marginal analysis as well, and go in and actually change the mix of yourgrid, and even change your baseline. this is also another requirement – being ableto change your baseline in a certain year, for example. so, you can get very detailedand even go in and customize and do a level three and actually customize your emissionsfactors as well. >> dinesh parakh: there’s a couple of morequestions, but i think we don’t have time

– they’re a little more detailed, so wecan get to those questions – we can respond to them afterwards. it’s just about 11:25now, so we’re right on time. i think at this time, i’m going to pass it back overto cesc and ask them to conclude and as well, i believe they have a brief audience survey. >> stephanie bechler: thank you so much, dinesh.and yes, we’ll be able to export the question log and get answers after the webinar concludesfor the questions we didn’t get to. right now, we have a brief survey that we wouldlike to issue – just one moment. right now, if you could please select the first – selectan answer for the question showing up on your screen: the webinar content provided me withuseful information and insight. thank you.

the second question on your screen: the webinarspresenters were effective. thank you. our next question: overall, the webinar met myexpectations. our fourth question: do you anticipate using the information presentedin this webinar directly in your work and/or organization? thank you so much. and our lastquestion: do you anticipate applying the information presented to develop or revise policies orprograms in your country of focus? great. thank you all so much for answering our survey. on behalf of the clean energy solution center,i would like to extend a thank you to all of our expert panelists, and to our attendeesfor participating in today’s webinar. we’ve had a great audience, and we really appreciateyour time. i invite our attendees to check

the solutions center website if you wouldlike to view the slides and listen to a recording of today’s presentations, as well as anypreviously held webinar. additionally, you’ll find information on upcoming webinars andother training events. we’re now posting the webinar recordings to clean energy solutioncenter youtube channel, and please allow about a week for that to be posted. we also inviteyou to inform your colleagues and those in your networks about the solution center resourcesand services, including no-cost policy support. have a great rest of your day, and we hopeto see you at future clean energy solution center events. this concludes our webinar.