Why we need and take training?

Finance

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05 July 2018

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Rod Janssen

Last week I took a three-hour training course. The subject wasn’t important for what I want to say, but I will mention it later.

In mid July, the Investor Confidence Project Europe will be holding its second round of training for industry and for street lighting. Since I write on it regularly, readers will know about the ICP process. Just to remind you, the concept of the Investor Confidence Project is simple to understand. The protocols set out requirements for an investment package to be submitted by a project developer that covers critical stages throughout the project lifecycle. A third-party Quality Assurance Provider subsequently reviews this documentation. Compliant projects are awarded the Investor Ready Energy Efficiency™ certification. This process enables standardised project performance underwriting, leading to better data on performance, and a more efficient marketplace with less duplicative engineering and lower transaction costs. The result should be an increase in deal flow and a more transparent and efficient market.

There are three main parties involved in the process: the asset owner/manager, the project developer (often an energy service company or an engineering company) and the financial institutions that are available to invest. To make it work, the project developer is key because he/she is normally the link amongst all three.  More importantly, it is the project developer who holds the golden key: he or she knows about the ICP protocols and knows how to use them. The project developer can explain it to the asset owner/manager and can explain how the protocol will form the key element in their relationship leading to an implemented measure that is financed. 

Have a look at the protocols here for industry and for street lighting here. They are bewildering when first looked at but after second look, they start to make sense. For this reason, ICP requires training that leads to being credentialed under the ICP system. The training is straightforward but it simply is required.

Upcoming ICP training for industry and for street lighting

On July 17, at 10 am – 12 am CEST there is online Training on ICP INDUSTRY Protocols. In order to become an ICP Project Developer or ICP Quality Assurance Assessor, you need to meet certain requirement. Following this 2h online training course, we will add you to the ICP project developer network. 

You can register here

On July 18, at 10 am – 12 am CEST there is online Training on ICP Street Lighting Protocol. In order to become an ICP Project Developer or ICP Quality Assurance Assessor, you need to meet certain requirement. Following this 2h online training course, we will add you to the ICP project developer network. 

You can register here

Next steps

To be a success in the market place, ICP needs to build its foundation – you. There is a need for more project developers so that asset owners can feel more comfortable. There is need for a critical mass of trained and credentialed project developers to make the system work. The benefits are that, once fully in place in your country and throughout Europe, this will lead to more work. The whole purpose is to get more investment in energy conservation measures to meet many of our economic and social objectives. And also to meet your own corporate or individual objectives: reducing costs, improving competitiveness, providing health benefits, and much more ICP is but one way but it is an important step.

So, please consider taking the July training.  There will be more opportunities in the upcoming months, but the sooner you do, the better.

What training brought to me and what it brings to you

Let’s get back to the training I just undertook. There were eight steps to better performance as expressed by Helen Astrid:

  • No feelings of fear
  • Ability to regulate anxiety doing the activity
  • Maintain positive thoughts
  • High, unshakeable confidence
  • Ability to remain focussed without distraction
  • Determination to succeed
  • Thinking is committed and disciplined
  • There is control over the performance

This was for me singing on stage, finding my voice, so that I could communicate. This is what training can bring. Now, it will be slightly different for you in the ICP training but, when you think about it, what you are looking for will really not be that much different.

What we need is your voice. You will be the interlocutor with the asset owner/manager, not us. We can set the scene. We can create some awareness. We can make sure you are prepared. But we cannot sit in the room with you as you explain the importance of the Protocol as key to the relationship you establish.

Your voice now needs to be in the right key! And it will. So, register now for the training!

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Do not forget...

For more information, do not hesitate to contact me at rod.janssen@ee-ip.org

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About the Author

Rod Janssen is the President of Energy Efficiency in Industrial Processes (EEIP).