Help us develop the dictionary for financing energy efficiency
There's a broad consensus that more and higher quality data in the energy efficiency industry is critical to its evolution. A key precursor for actionable data is an industry accepted definition for the types and formats of required data - otherwise known as a data specification.
Currently the types of data necessary to conduct technical due diligence for investment in energy efficiency projects is locked away in PDFs, spreadsheets, and proprietary tools. This increases the cost and complexity of underwriting project performance, and creates additional transaction costs on each investment.
The EDF Investor Confidence Project, working with LBNL, is creating a specification for a standard XML dataset based on the DOE Building Energy Data Exchange Specification (BEDES) for the full-lifecycle of an energy efficiency retrofit project.
This important advance will allow for a diverse and efficiency marketplace where data can easily be exchanged from project developers to a wide range of investors, and a standard data specification can lead to reliable actuarial data on energy efficiency performance.
While this may sound a bit "wonky," the result will be a standard dictionary of terms that will allow for a much more streamlined approach to communicating important project level information to investors and other stakeholders who can analyze this data to understand energy efficiency results and make better decisions.
ICP would like to invite all interested stakeholders to help develop the ICP Data Specification. This effort is already underway, and a DRAFT data spec will be provided to working group members.
If you would like to be involved in this effort, please register to become a member of the new ICP Data Technical Forum. The first Technical Forum meeting will occur on May 3rd at 11am PDT / 2pm EDT.
Feel free to contact us with any questions about the program or ICP.