The Building Button, a new tool launched by the Investor Confidence Project (ICP), standardizes the collection of data from energy efficiency projects, and “makes it easy to share that information with investors, building owners, developers, and utilities,” according to a news release.
Based on the U.S. Department of Energy’s Building Energy Data Exchange Specification, the tool integrates best practices and specifications developed by ICP and the U.S. Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab), including the Building Energy Data Exchange Specification (BEDES). Expressing energy efficiency data in a common language, the Building Button allows all parties to compare specifications across multiple projects with one click. This ability helps to reduce underwriting and actuarial analysis costs, builds trust in energy savings, and drives market demand for energy efficiency projects.
“One of the major barriers to wide-scale adoption of energy efficiency is the hassle factor,” said Matt Golden, ICP director. “Every investment is unique, with data lodged in incompatible spreadsheets, documents, and other digital files. The lack of uniform data standards means that transaction costs are prohibitively high. The Building Button helps solve that by establishing guidelines for all project data, streamlining the process of project development and investment.”
In 2017, ICP will join Green Building Certification Inc. (GBCI) to create the first global underwriting standard for energy efficiency projects.
Related Stories
Green | Aug 24, 2017
Business case for WELL still developing after first generation office fitouts completed
The costs ranged from 50 cents to $4 per sf, according to a ULI report.
Libraries | Aug 18, 2017
Johnson Favaro-designed Lions Park project breaks ground in Costa Mesa
The project includes a new library, the renovation of the existing library, and the redevelopment of parkland.
Mixed-Use | Aug 15, 2017
A golf course community converts into an agrihood with 1,150 homes and a working olive grove
The community will cover 300 acres in Palm Springs, Calif.
Green | Aug 11, 2017
A school’s sports hall is created entirely from bamboo
The building boasts a zero-carbon footprint and is naturally ventilated.
Sustainability | Aug 7, 2017
Existing storage center becomes symbol of renewable energy for a southwestern German town
The tower’s design comes from the Laboratory for Visionary Architecture’s (LAVA) winning competition entry for an energy park and storage tower.
Codes and Standards | Aug 3, 2017
ASID headquarters is first space in the world to earn both LEED and WELL Platinum Certification
Washington, D.C. office is showcase for top levels of the two standards.
Mixed-Use | Aug 3, 2017
A sustainable mixed-use development springs from a Dutch city center like a green-fringed crystal formation
MVRDV and SDK Vastgoed won a competition to redevelop the inner city area around Deken van Someren Street in Eindhoven.
Sustainability | Jul 31, 2017
Passive House practitioners aim to spread standard beyond single-family homes
Growth has been slow, but enticing larger firms and getting help from local governments could provide a boost.
Office Buildings | Jul 19, 2017
James Corner Field Operations, designers of the High Line, creates rooftop amenity spaces for three Dumbo office buildings
The new spaces range from about 8,500 to 11,000 sf and were added to Two Trees Management’s anchor office buildings.
Green | Jul 18, 2017
Garden of the Four Seasons lets you experience all four seasons at once
Carlo Ratti Associati designed the garden with an innovative net-zero energy climate control system.
