57 Minutes
New Financial Tools - Data Interoperability
Covid-19 will have significant negative impacts on our economy, but it will also force a “reset” as an opportunity. Traditional policies and procedures that are inefficient are being modernized with options that will accelerate the transition to innovative digital capabilities to reduce costs, increase efficiency and enable AI.
Efficiency that will impact the bankability of clean energy projects, save clean energy jobs, further the fight against climate change and support the UN Sustainable Development Goals.
Thanks to past and present Department of Energy programs that partners entrepreneurs with national labs on multiple initiatives the foundations to enable the transition to digital are ready, and the “reset” is being implemented.
From the Green Button for digitizing “energy consumption” to the Orange Button for digitizing “energy production” to harmonize the financial and insurance markets with the regulators, utilities, developers and contractors of energy facilities, the “reset” is underway and the Smart Grid can truly be “smart”.
Our panel reflects the diversity of the ecosystem that have contributed to data interoperability as a public benefit to enable the “reset” and share how they are leveraging the New Financial Tool, the Orange Button XBRL Taxonomy, to innovate.
From the big picture of the UNSDG’s, capital markets and individual residences that want to install a solar system today, to future innovations being pursued the data highway is open for business, ready to respond and rebuild.
The great “reset” has begun.