XBRL Extension for Construction, Energy and Transportation  

BEDES XBRL-CET and SGIP PAP25

BackGround

Background

The Building Energy Data Exchange Specification (BEDES)

BEDES is a dictionary of terms, definitions, and field formats which was created to help facilitate the exchange of information on building characteristics and energy use. It is intended to be used in tools and activities that help stakeholders make energy investment decisions, track building performance, and implement energy efficient policies and programs.

As the number of public and private tools that utilize BEDES grows, they will contribute to an interoperable ecosystem of software that lowers the cost in time and money currently involved in sharing and aggregating data. This also increases the availability of products and services that utilize energy data, allowing them to achieve greater market penetration and deliver better information to decision-makers.


BEDES is not a software tool, database or schema. It is a dictionary that provides common terms and definitions which different tools, databases and data formats can share.


XBRL (eXtensible Business Reporting Language)
XBRL is a data standard utilized by all public companies for “financial reporting” to the Securities and Exchange Commission.  The XBRL taxonomy (dictionary of terms) is maintained by XBRL US and the Financial Accounting Standards Board (FASB).

A number of public companies are utilities and construction companies that are involved in building the nation’s energy infrastructure, the Smart Grid, therefore a significant number of data fields for energy related construction have been identified and implemented.

XBRL-CET (eXtensible Business Reporting Language - Construction Energy Transportation)
A working group to transition the current XBRL taxonomy from just financial reporting, to a wide range of financial transactions enabled by data interoperability and synergy between XBRL and other data standards.


Smart Grid Interoperability Panel (SGIP)
The members of SGIP have been given the responsibility to resolve interoperability coordination issues and gaps that stymie seamless connectivity. By clearing these roadblocks, SGIP accelerates the digital modernization of the nation's grid and expands supplier & service provider markets in both the United States and internationally, facilitating standards-based grid modernization.

IEP-XML (Integrated Energy Project - Extensible Markup Language)
The IEP Model is a free, public XML data model for describing solar and energy efficiency projects. The IEP Model gives software vendors and companies implementing their own software solutions the ability to build their software to read and write standardized data, thereby lowering the risk and cost of integrating software.

Green Button
The Department of Energy’s Green Button uses consensus-based standards that have been developed in collaboration with the Smart Grid Interoperability Panel.  The resulting formally adopted “Data Set” of energy usage has enabled a number of innovative applications to analyze energy usage data, develop better energy management strategies, reduce energy costs, increase investment analysis, and clearly demonstrates the value proposition of open standards based “Data Sets” for promoting “best practices” and competition.


SGIP Priority Action Plan 25
SGIP PAP25 is a collaboration between XBRL and SGIP for creating “use cases” and Data Sets based on the XBRL taxonomy (or a combination of “knitted together” standards) that demonstrate the value proposition in data interoperability for building the Smart Grid. 

It is modeled after the DOE Green Button initiative and seeks to establish formally adopted “Data Sets” for building the nation’s energy infrastructure, the Smart Grid.  Like the Green Button, the established “Data Sets” will make current systems more efficient and promote innovative applications to be developed.

SGIP PAP25 is the Next Green Button.