the grits end-game
TRANSCRIPT
Save Energy. Grow Money.
The Green Revolving Investment Tracking System
(GRITS) is an innovative web tool for tracking every aspect
of a green revolving fund (GRF).
In this presentation, Joe Indvik—lead technical
advisor in the development of GRITS—demonstrates
three ways in which the system could revolutionize
how institutions design and manage GRFs.
For more information on GRITS, see
http://greenbillion.org/resources/#grits
Note that all data is simulated and for demonstration only
The GRITS End-Game:Opportunities for analysis, learning, and optimization made possible by GRITS
Financing the Future of Energy Efficiency
Harvard University
May 15, 2012
GRITS
Internal
Applications of
GRITS
5
How can GRITS produce
meaningful and
actionable insights
beyond data tracking?
GRITS
Share (limited)
data
Analyze macro-
level trends
External
opportunities
7
What would this look like
in practice?
Three examples…
Opportunity 1: Prioritizing Investments
Marginal CO2 Abatement Cost Calculations
$0
Invest here first...
...and here later
Co
st / To
n
The Upside: You can analyze the performance of different
investments types and prioritize the best opportunities.
Building
Envelope
Lighting
Controls
Lighting
Upgrades
Chiller
Upgrades
Smart
Metering
Solar
Thermal
Heating Plant
Retrofits
Boiler
Retrofits
Solar PV
-$5
-$10
+$5
+$10
CO2 Abatement
* Data on this slide is simulated for demonstration purposes only.
Fund Design Element ROIProject
ThroughputExpec. vs. RealPerformance
Capital Utilization
Management Board(Yes/No)
Payback Requirement(Per % ROI required)
Empirical M&V(Yes/No)
Loan interest(Per % Interest)
The Upside: You can customize and optimize your fund
design using data-driven analysis of existing funds
* Data on this slide is simulated for demonstration purposes only.
Opportunity 2: Insights Into Fund DesignOptimizing GRF design through analysis of GRITS data
We can use statistics to determine the relationship between fund design
elements and key performance metrics across many funds.
Opportunity 3: Project Performance AnalysisBenchmark and improve your fund’s performance
0%
10%
20%
30%
40%
50%
60%
$0.00 $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00 $16.00 $18.00
Upgrade Cost ($/square foot)
Ret
urn
On
In
vest
me
nt
If you are here......learn from them. If you are here, good job!
The Upside: You can know where you stand, learn from high performers, and celebrate success while protecting sensitive data.
* Data on this slide is simulated for demonstration purposes only.
Lighting Upgrade Performance Spread
Questions?
Mark Orlowski, Founder & Executive Director, SEI
617-202-3630
Shoshana Blank, Senior Research Fellow, SEI
617-528-0334
Joe Indvik, Consultant, ICF International
202-862-1252