Abstract
Pay-for-Performance schemes to trigger energy efficiency investments Filippos Anagnostopoulos, Senior Associate for the Institute for European Energy and Climate Policy (IEECP), discusses the role of Pay-for-Performance schemes to increase the scale and effectiveness of energy efficiency financing. The principle of Pay-for-Performance schemes, or P4P, is that payments for energy efficiency should be made according to the performance of implemented measures. Using advanced measurement and verification (M&V) methods, the energy savings resulting from applied measures become a measurable quantity – essentially: an energy efficiency meter.
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