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 | Jun 14, 2017
After Paris: What’s at stake for the building industry
In the wake of President Trump’s unilateral decision to withdraw the U.S. from the 2015 Paris Climate Agreement, many in the building industry have optimistically pointed to unstoppable market forces pushing the sector towards a post-carbon future.
| Jun 13, 2017
Accelerate Live! talk: Next-gen materials for the built environment, Blaine Brownell, Transmaterial
Architect and materials guru Blaine Brownell reveals emerging trends and applications that are transforming the technological capacity, environmental performance, and design potential of architecture.
Office Buildings | Jun 8, 2017
Take a look at the plans for Google’s new 1 million-sf London campus
Heatherwick Studio and BIG are designing the 11-story building.
| May 30, 2017
Accelerate Live! talk: Health-generating buildings, Marcene Kinney, Angela Mazzi, GBBN Architects
Architects Marcene Kinney and Angela Mazzi share design hacks pinpointing specific aspects of the built environment that affect behavior, well-being, and performance.
Codes and Standards | May 30, 2017
Industry Groups move toward Unified Green Building Model Code in 2018
The effort involves combining ASHRAE's Standard 189.1 with the International Green Construction Code.
Multifamily Housing | May 22, 2017
Zaha Hadid Architects residential development takes a page from a classic Bradbury tale
The buildings are on an elevated platform and the surrounding walkways are suspended so as not to disturb the surrounding ecosystems.
Architects | May 16, 2017
Architecture that helps children fall in love with the environment
The coming decades present a major ecological challenge... so let’s encourage the next generation to do something about it!
Sustainability | May 16, 2017
1.5 million recycled plastic bottles were used to build this nine-story structure in Taipei
The building is made of Polli-Brick, a building material that comes from 100% recycled Polyethylene Terephthalate Polymer.
Retail Centers | May 3, 2017
18 Carbon fiber wings grace Foster + Partners-designed Apple Dubai Mall terrace
The store’s large terrace provides views of the Burj Khalifa and the Dubai Fountain.
Green | May 2, 2017
Green buildings don't have to cost more
What impact does sustainable design have on owners with a finite construction budget or developers who won’t own the building after construction?
