Welcome to the Orange Button call for concepts and to invitation to join the collaboration that seeks to make an impact.
Regardless of where you are in the ecosystem for building clean energy projects you administer and exchange data.
Innovation around the efficiency of data interoperability will make a significant impact on project costs for everyone in the ecosystem.
We are looking for collaborators and innovators that want to explore transitioning from the inefficient manual paper process to a modern digital ecosystem.
It is a New Year
It is a new year and the Orange Button is excited about a new collaboration with PG&E to work with any school interested in modernizing their procurement and contract administration. Our group of experts will explore how to transition to digital for reducing project costs and enabling innovation.
It is a new year with a new administration in Washington DC and a renewed commitment in California to accelerate the development of clean energy facilities, from utility scale to solar carports.
There are new public resources like the DOE Orange Button XBRL taxonomy of data terms and definitions that enable entire ecosystem data interoperability throughout the project lifecycle, and emerging industry established data sets for streamlining the financing, permitting, procurement, construction, inspections and ongoing operations.
New tools to enable innovation that turn data into a digital asset to reduce soft costs and new risk management tools that can attract capital and financial markets with improved financing terms, products and services.
PG&E is offering a collaboration opportunity, an On Bill Finance pilot for K-12 schools to finance energy storage projects so that schools have resiliency to a power shut off. The opportunity will also explore if the pilot can provide “data to support the Clean Energy Financing Options (CEFO) to leverage private capital and to encourage innovation and competitive offers for financing needs, insurance and performance guarantees.”
The Orange Button collaboration group is seeking ecosystem participants to support PG&E’s exploration by demonstrating how energy projects could leverage ecosystem data interoperability, from initial procurement and permitting through construction and ongoing operations, to reduce costs and improve project financial viability.
The Orange Button contribution to the PG&E pilot and resulting conceptual proposals will help demonstrate how data interoperability can be employed by various stakeholders, and the cost savings realized individually and collectively.
The concept process will also help identify more data elements for expanding the XBRL taxonomy to enable more innovation that drives down cost and increases project financial viability.
Question:
How would you implement the greatest amount of ecosystem data interoperability to reduce soft costs and improve risk management to attract capital and financial markets?
Explore and collaborate to Unleash the Power of Data Standardization
