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The evaluation framework to guide the assessment, monitoring and reporting of the program impacts and processes, including, but not limited to energy savings and clean energy production and the resulting societal impacts or benefits arising from clean energy investment. Evaluation studies and analyses conducted or commissioned by the Green Bank fall within the various study categories presented in the Evaluation Framework.
The Green Bank hires consultants to conduct evaluations of its programs, both on its own and in response to legislative mandates. Other studies are also commissioned to independent firms on topics of relevance to the clean energy industry and the Green Bank.
Evaluation studies generally address questions such as:
The Green Bank has identified a number of societal benefits that accrue from the installation and operation of clean energy projects. It is collaborating with other parties to prepare reports that quantify those benefits and thus demonstrate more of the value that these projects deliver.
Studies assessing market potential tend to examine how technologies are used, and how much use they currently and could possibly receive. These reports provide guidance for programs on where they are likely to provide the most benefit.