id author title date pages extension mime words sentences flesch summary cache txt cord-326749-t727v0zt Lee, P. Probabilistic risk assessment of the energy saving shortfall in energy performance contracting projects–A case study 2013-07-16 .txt text/plain 7394 376 49 This paper proposes a simulation-based method to evaluate the probability of energy saving shortfall taking into account the variations in the influential parameters, including weather conditions, occupancy, operating hours, thermostat set-point, etc., during the contract period. Empirical data is also used to develop the probability distribution functions for the identified parameters to simulate the actual yearly variations in the post-retrofit conditions. This paper aims at developing a simulation-based method to evaluate the probability of energy saving shortfall taking into account the variations in the influential parameters. Monte Carlo simulation is performed to generate a common set of post-retrofit condition data based on the PDF of the selected parameters. A risk analysis tool based on Monte Carlo simulation (@Risk) [44] was utilised to generate 10,000 common data sets of 7 input parameters for two calibrated building energy models. ./cache/cord-326749-t727v0zt.txt ./txt/cord-326749-t727v0zt.txt