Claims
- 1. A method for providing a residential emissions trading program, comprising the steps of:
identifying an energy savings opportunity in a residential property; quantifying an emissions reduction produced by the energy savings opportunity; and aggregating the emissions reductions into a tradable commodity.
- 2. The method according to claim 1, wherein the step of aggregating the emissions reductions into a tradable commodity further comprises the step of converting the emissions reductions into at least one tradable credit.
- 3. The method according to claim 1, wherein the step of quantifying an emissions reduction produced by the energy savings opportunity further comprises the steps of:
measuring an energy savings resulting from the energy savings opportunity; and calculating an emissions reduction resulting from the energy savings.
- 4. The method according to claim 3, wherein the step of measuring an energy savings resulting from the energy savings opportunity is selected from the group consisting of conducting one or more of: on-site inspection; metering; sub-metering; utility bill analysis; and engineering modeling.
- 5. The method according to claim 4, wherein the step of conducting on-site inspection is selected from the group consisting of conducting one or more of: report review; visual inspection; and device rating verification.
- 6. The method according to claim 4, wherein the step of conducting utility bill analysis further comprises conducting one or more of the steps of:
analyzing samples of measured data of the energy savings from the residential property; analyzing at least one sample of control data of residential energy use; analyzing raw data; analyzing data normalized by weather; analyzing stratified data; and analyzing data that are both stratified and weather-normalized.
- 7. The method according to claim 4, wherein the step of conducting engineering modeling further comprises the step of utilizing building energy software.
- 8. The method according to claim 4, wherein the engineering modeling is selected from the group consisting of conducting one or more of: degree day analysis; bin analysis; hourly analysis; and time-step analysis.
- 9. The method according to claim 3, wherein the step of calculating the emissions reduction further comprises the step of qualifying a technical confidence factor for the energy savings opportunity.
- 10. The method according to claim 1, wherein the step of aggregating the emissions reductions into at least one tradable commodity further comprises the steps of:
identifying a tradable portion of the emissions reductions; assigning a technical confidence factor to the emissions reductions to quantify the tradable portion of the emissions reductions; converting the emissions reductions; and monetizing the emissions reductions.
- 11. The method according to claim 1, wherein the step of aggregating the emissions reductions into at least one tradable commodity further comprises the steps of:
identifying a tradable portion of the emissions reductions; assigning a technical confidence factor to the emissions reductions to quantify the tradable portion of the emissions reductions; and converting the emissions reductions into a non-monetary consideration.
- 12. The method according to claim 1, further comprising the steps of:
verifying the quantification of the emissions reduction; and monitoring the identification of the residential energy savings opportunity and the quantification of the emissions reduction.
- 13. The method according to claim 1, further comprising the step of verifying the quantification of the emissions reduction.
- 14. The method according to claim 1, further comprising the step of monitoring the identification of the residential energy savings opportunity and the quantification of the emissions reduction.
- 15. The method according to claim 12, wherein the step of verifying the quantification of the emissions reduction further comprises the step of calculating a measured emissions reduction.
- 16. The method according to claim 15, wherein the step of calculating the measured emissions reduction further comprises the steps of:
estimating a measured baseline energy use for the energy savings opportunity; estimating a measured baseline emissions factor for the energy savings opportunity; calculating a measured baseline emission by multiplying the measured baseline energy use with the measured baseline emissions factor; estimating a measured program energy use for the energy savings opportunity; estimating a measured program emissions factor for the energy savings opportunity; calculating a measured program emission by multiplying the measured program energy use with the measured program emissions factor; and calculating a measured emissions reduction by subtracting the measured program emission from the measured baseline emission.
- 17. The method according to claim 15, further comprising the step of comparing the measured emissions reduction to a forecasted emissions reduction to verify that the emissions reduction predicted in the forecasting phase is achieved.
- 18. The method according to claim 17, wherein the step of comparing the measured emissions reduction to the forecasted emissions reduction further comprises the step of calculating the forecasted emissions reduction, wherein the step of calculating the forecasted emissions reduction comprises the steps of:
estimating a forecasted baseline energy use for the energy savings opportunity; estimating a forecasted baseline emissions factor for the energy savings opportunity; calculating a forecasted baseline emission by multiplying the forecasted baseline energy use with the forecasted baseline emissions factor; estimating a forecasted program energy use for the energy savings opportunity; estimating a forecasted program emissions factor for the energy savings opportunity; calculating a forecasted program emission by multiplying the forecasted program energy use with the forecasted program emissions; and calculating a forecasted emissions reduction by subtracting the forecasted program emission from the forecasted baseline emission.
- 19. The method according to claim 12, wherein the step of monitoring the identification of the residential energy savings opportunity and the quantification of the emissions reduction further comprises the steps of:
compiling the quantified emissions reductions; and assessing the emissions reductions potential for a plurality of the energy savings opportunities.
- 20. A method for providing a residential emissions trading program, comprising the steps of:
identifying an energy savings opportunity in a residential property; quantifying an emissions reduction produced by the energy savings opportunity; and aggregating a plurality of the emissions reductions from a plurality of the residential properties into a tradable commodity.
- 21. The method according to claim 20, wherein the step of aggregating a plurality of the emissions reductions further comprises the step of converting the plurality of the emissions reductions into at least one tradable credit.
- 22. The method according to claim 20, further comprising the step of marketing the tradable commodity.
- 23. The method according to claim 20, wherein the step of aggregating a plurality of the emissions reductions further comprises the step of bundling the emissions reductions.
- 24. The method according to claim 23, wherein the emissions reductions are bundled into an emissions pool.
- 25. The method according to claim 22, wherein the step of marketing the tradable commodity further comprises the step of conducting closed sales of a plurality of the tradable commodities.
- 26. The method according to claim 22, wherein the step of marketing the tradable commodity further comprises the step of reserving a portion of the emissions reductions.
- 27. A method for providing a residential emissions trading program, comprising the steps of:
identifying an energy savings opportunity in a residential property; quantifying an emissions reduction produced by the energy savings opportunity; verifying the quantification of the emissions reduction; monitoring the identification of the residential energy savings opportunities and the quantification of the emissions reduction; aggregating a plurality of the emissions reductions from a plurality of the residential properties into a tradable commodity; and marketing the tradable commodity.
- 28. A residential emissions trading commodity, comprising: an aggregation of emissions reductions produced by at least one energy savings opportunity in at least one residential property.
- 29. The residential emissions trading commodity according to claim 28, wherein said aggregation of emissions reductions further comprises at least one tradable credit.
- 30. The residential emissions trading commodity according to claim 28, wherein said aggregation of emissions reductions further comprises an emissions pool.
- 31. The residential emissions trading commodity according to claim 28, wherein said aggregation of emissions reductions further comprises a function of energy use and an emissions factor for the at least one energy savings opportunity.
- 32. A residential emissions trading commodity, comprising: a verified aggregation of emissions reductions produced by at least one energy savings opportunity in at least one residential property.
- 33. A system for residential emissions trading, comprising:
one or more client devices for inputting data relating to one or more energy savings opportunities in one or more residential properties; one or more servers, which communicate with the one or more client devices via a network; one or more databases residing on the one or more servers for storing the inputted data; and means for processing the inputted data to quantify an emissions reduction produced by the one or more energy savings opportunities and aggregate the emissions reduction into a tradable commodity.
CROSS REFERENCE TO RELATED APPLICATIONS
[0001] The present invention relates to, and is entitled to the benefit of the earlier filing date and priority of, U.S. Provisional Application Serial No. 60/342,853, filed Dec. 28, 2001, entitled “System and Method for Residential Emissions Trading,” which is hereby incorporated by reference.
Provisional Applications (1)
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Number |
Date |
Country |
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60342853 |
Dec 2001 |
US |