The ICP Credential System combines the use of the ICP Protocols, existing industry certifications, and third party verification to create Investor Ready Energy Efficiency™ (IREE™) projects that provide investors and building owners with a new level of confidence in project engineering, performance and returns. IREE projects are akin to audited financials and other industry workflows that have paved the way towards securitisation and classification by ratings agencies. ICP expects that full deployment of the ICP System will be a critical component in transforming the market infrastructure for the energy efficiency industry.
The system is comprised of three provider credentials and the Investor Ready Energy Efficiency™ project designation. The system workflow leverages credentialed Project Developers who originate projects and proposals, credentialed Software Provider applications that can automate the process (optional), and credentialed Quality Assurance Assessors who will perform a third party review utilising ICP’s QA resources. Conforming projects will then receive the Investor Ready Energy Efficiency™ designation.
The ICPEU and I3CP projects have received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 649836 and 754056. The sole responsibility for the content of this document lies with the authors. It does not necessarily reflect the opinion of the European Union. Neither the EASME nor the European Commission are responsible for any use that may be made of the information contained therein.