XBRL Extension for Construction, Energy and Transportation
Session 1 :30 Overview of SB-Data and Data Interoperability
SB Data Respondents
Session 2 1:15 Cybersecurity and SB-Data
Alfred Berkeley, General Alexander (ret), Matt Olsen
Session 3 1:00 Data Standards – XBRL and FIBO
Michele Savage, David Newman, Dennis Wisnosky
InterContinental New Orleans
444 St Charles Ave
New Orleans, Louisiana 70130
Tuesday November 3, 2015
1:00pm - 1:45pm
Thursday November 5, 2015 10:00am - 11:30am
SGIP PAP25, originally titled “Harmonized Financial Data”, is being changed to “Smart Grid Bankability” and being re-tasked to better align with, and to support SGIP’s response to the DOE Solar Bankability Data (SB-Data) funding opportunity announcement. This working group session will detail how SGIP PAP25 will seek to utilize the DOE SB-Data collaborative platform to align various separate compliance requirements (Basel 239, 2009 Interactive Data to Improve Financial Reporting, Federal Funding Accountability and Transparency Act, 2015 Financial Transparency Act and the Digital Accountability and Transparency Act of 2013 (DATA Act) where data standards are being mandated.
The session will explore how SGIP PAP25 and the future SB-Data Strategy Working Group can leverage compliance to promote the establishment of multi-industry Data Sets to enable data interoperability, with uniform cybersecurity, across all public agencies for compliance with most if not all statutory requirements. Formally adopted and implemented Data Sets, like the Green Button, will provide the structure and impetus for private industry to develop innovative data analytics and new products and services for improving access to capital, and for obtaining financial security with better terms and conditions, for renewable projects by better managing risk, and therefore make Solar More Bankable.
With data interoperability all the stakeholders throughout the supply chain, including financial markets, on a Smart Grid project can effectively and efficiently exchange data, innovate risk management techniques along with streamlined reporting for compliance to any regulatory agency.
Otherwise, the lack of risk management tools and constant manual processing and converting data for different reporting requirements will be a drag on the project, increase costs, and adversely affect a projects financial viability.