The recently passed Inflation Reduction Act of 2022 (IRA) and the Infrastructure Investment and Jobs Act (IIJA) both emphasize levering data to improve efficiency by “Accelerated Implementation and Deployment of Advanced Digital Construction Management Systems.”
Systems that will be dependent on a reliable digital ecosystem across industry segments, enabled by data standards and established data sets for high confidence in the integrity of the data exchange.
Not only within the construction and supply chain stakeholders, but also finance, insurance and surety as examples of extended stakeholders.
This keynote and panel will discuss and demonstrate how a model digital ecosystem can be established that leverages existing federally recognized open standards like XBRL and DOE SalarApp with industry specific standards like Financial Data Exchange (FDX), ConsensusDocs and others.
A model digital ecosystem for efficiency from the smallest solar carport or EV Charging station to the largest utility scale project.
A construction environment regardless of work being related to solar, wind, gas or bio-gas, and regardless of what system or platform is being used by any stakeholder.
DOE leadership has already created reliable and secure open data standards that can be utilized by multiple stakeholders in a digital ecosystem – Green Button for energy consumption, Orange Button for energy production, AHJ Registry and SolarApp for permitting and inspection standards to establish baseline monitoring for better analytics.
Federal Energy Regulatory Commission is requiring reporting in XBRL
The Small Business Administration has already begun work to support data exchange utilizing XBRL.
ConsensusDocs has already established standardized construction contract data sets with a coalition that consists of 41 prominent organizations that collectively represents over more than 300,000 individuals and companies.
As a follow up to the DOE RFI response the collaboration will submit to DOE on September 30th a funding request to support expanding the XBRL taxonomy to enable "Advanced Digital Construction Management Systems" and DOE identified objectives -
- Implementing monitoring, controls, and advanced modeling for real-time situational awareness
- Integrating distributed energy resources like microgrids and energy storage