National Carbon Bank of Australia

Project Impact Assessment with Measurement and Verification (PIAM&V)

The National Carbon Bank of Australia (NCBA) has been accredited, under NSW Energy Savings Scheme (ESS), the Project Impact Assessment with Measurement and Verification (PIAM&V) method since April 2015, using internationally recognised measurement and verification principals to calculate energy savings and generate returns on behalf of our clients. Measurement and Verification refers to the process of using measurement of electricity, water or gas consumption to reliably determine actual energy savings created by an Energy Conservation Measure (ECM).

NCdata-server-2BA employs in house Certified Measurement and Verification Professionals (CMVP) to manage the application of the ECM and compliance with the NSW ESS PIAM&V method. The CMVP co-ordinates the entire claim process; collecting baseline measurements and producing consumption profiles, managing the implementation of the ECM, calculating upgraded energy savings and, finally, generating and monetising Energy Savings Certificates (ESCs). NCBA offers end to end management on all PIAM&V projects, working collaboratively with our clients to ensure that the required data, documentation and evidence is all collected and validated.

NCBA has extensive experience in the design and implementation of PIAM&V activities for a wide range of projects, consisting of the following:

  • Measurement and Verification Plan design and drafting
  • Meter installation calibration and maintenance
  • Data gathering and screening
  • Development of computation method and acceptable estimates
  • Computations with measured data
  • Reporting, quality assurance and third party verification of reports

Under the PIAM&V method, NCBA generated an approximate 14% return on capital expenditure through the trading of ESCs for a client in Parramatta. National Carbon Bank managed the ESC creation for the HVAC upgrade, guiding the client and co-ordinating the acquisition of correct data and evidence throughout the implementation of chiller, pump, AHU, cooling tower, boiler and BMCS upgrades. Our CMVPs used NMI data as a baseline to ensure the project could start on schedule and did not have to wait on baseline measurements to be taken.

Furthermore, for a client in Forestville, NCBA generated an approximate 24% return on a Data Centre upgrade. This project involved the installation of CRAC units, airflow containment and a Process Logic Control upgrade, with acceptable energy models created in only eight weeks.

If you wish to learn more about the PIAM&V method, please contact David Joseph on (02) 9939 5559 or