Performance Excellence in Energy Renewal (PEER)
Organization
Type(s) of Tool
Sector(s)
Lifecycle Phase(s)
Open Source
Language Availability
Country of Origin
Date of Development
Version
Description
PEER is a rating-system that drives market transformation in the power and energy sectors. Through certification, PEER recognized industry leaders for improving efficiency, day-to-day reliability and overall resilience when it comes to severe climate events. The point-based assessment leads to a sustainability certification. A separate pre-certification option is available. PEER certification requires one year of operational performance data. And PEER precertification enables projects to map their design and construction requirements for optimal resilience, while obtaining recognition for their work while it is underway.
Tool Outcome
Projects can become certified by achieving a minimum set of requirements and score under the PEER rating system. There are four levels of certification (Bronze – Silver – Gold – Platinum). PEER certification can become a tool to demonstrate value to investors, identify and implement and drive larger market change.
Sustainability Criteria
PEER measures the sustainability of power and energy projects across six categories:
– Energy efficiency & environment
– Reliability & resilience
– Operations, management & safety
– Grid services
– Innovation & exemplary performance
– Regional priority