Targets of the Participant to improve the efficiency of the energy use of its own operations Sample Clauses

Targets of the Participant to improve the efficiency of the energy use of its own operations. Setting the target As a general rule, achieving the indicative target of the Action Plan requires that each participant joining this Action Plan sets an indicative energy savings target of at least 7.5% for 2017–2025 and an intermediate target of 4% for 2020 when they join the Energy Efficiency Agreement (2017–2025). A Participant that has participated in the previous agreement period and wants to use the savings reported to the monitoring system of the Energy Efficiency Agreement scheme concerning the actions implemented dur- ing the period of 2014–2016, must set an indicative energy savings target of at least 10.5% for 2014–2025 and an intermediate target of 7% for 2020. The Participant includes all of its energy use in the Property and Building Sector Energy Efficiency Agreement, as referred to in section 1.3. On joining the Action Plan, the Participant presents an indicative energy savings target in its accession document as the amount of energy (MWh) in 2020 and 2025. These targets are calcu- lated from the amount of energy, included in this Action plan, that represents the Participant’s normal opera- tion during the latest calendar year available at the time of accession. If the relative (%) improvement target set by the Participant changes fundamentally from the original due to significant structural or ownership changes that have taken place during the validity of the agreement, the Participant may adjust the savings target (MWh) for 2020 and 2025 to correspond with the new situation by agreeing on the matter with RAKLI and reporting the change and its reasons in connection with the next an- nual reporting following the change into the monitoring system of the Energy Efficiency Agreement scheme. Monitoring the achievement of the energy savings target set by the Participant An action can be accepted for monitoring the achievement of an indicative energy savings target, if the action is implemented during the period for setting the savings target (2017–2025 or 2014–2025, as described above) selected by the Participant and specified in the accession document, if it is reported to the monitoring system of the Energy Efficiency Agreement scheme, if the energy conservation impact of the action is still val- id during the year in question, and if the action concerns the energy use included in the Participant’s target calculation. In this Action Plan, energy conservation means the reduction of the targeted energy consumption from the current level achieved...
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Related to Targets of the Participant to improve the efficiency of the energy use of its own operations

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