June 2013 |
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Buildings Performance Database Helps Building Owners, Investors Evaluate Energy Efficient Buildings
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A new database of building features and energy use data helps building
managers, owners, real estate investors, and lenders evaluate the
financial results of energy efficiency investment projects and identify
high and low-performing buildings.
The U.S. Department of Energy’s Buildings Performance Database (BPD) is
being developed by a team of researchers at Lawrence Berkeley National
Laboratory’s Environmental Energy Technologies Division led by Staff
Scientist Paul Mathew. Berkeley Lab is partnering with Building Energy
Inc. (Portland, OR) for the software implementation. Building Energy
Inc. specializes in software solutions to integrate disparate building
energy use and characteristics datasets.
“The real estate investment community, building managers, and owners
asked the Department of Energy for a tool to help them better evaluate
the financial costs and benefits of energy efficiency projects in
buildings, to help them guide investment decisions. DOE responded by
establishing the Buildings Performance Database, which we are
developing under their direction,” says Mathew.
The database contains real performance data from more than 60,000
buildings across the United States from both public and private
datasets—not modeled data. BPD currently contains basic building data
such as gross floor area, years built and hours occupied, and energy
performance metrics, including energy use intensity (for example,
kilowatt-hours per square foot), source and site energy consumption,
and electricity and fuel consumption. The data have been stripped of
identifying characteristics such as street addresses to preserve
business confidential information, to encourage as many private sources
to contribute to BPD as possible.
“Development of the BPD is ongoing,” says Mathew. “More types of
information, such as building assets and equipment, and metered
interval data from utilities, will become available as the BPD grows.”
BPD also has a tool to make using the dataset easy, with more features
planned for future releases. The data explorer feature allows users to
compare the energy use of their own buildings to a set of BPD buildings
they can choose by such parameters as building type, floor area, age,
and occupancy, and by system features such as lighting and HVAC. The
tool allows users to create graphs comparing the energy use of their
buildings to the building peer group the user has created. [See
illustration.]
The latest release of the tool includes a retrofit analysis feature,
which compares the energy use of buildings with different technologies.
The tool provides users with the probability of achieving different
levels of energy savings for retrofits.
The database features an application programming interface (API) that
allows external software developers to access the data and incorporate
analytical results into their own tools.
“We are building this database to meet the needs of the buildings
community—of investors, owners, and building managers, as well as
energy efficiency program managers, and local, state and federal
government agencies that manage buildings,” says Mathew. “The
capabilities we’re building into the database allow them not only to
assess the potential savings from energy performance upgrades, but to
increase confidence that planned projects will meet their goals.”
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The investment community can use the BPD to help quantitatively
distinguish between the expected returns from projects, and their
performance risk. Investors will have the information they need to
diversify the risk in their portfolios by investing a range of
buildings and energy performance project types.
In addition to assessing project opportunities and performance risk,
energy efficiency program managers and building managers in federal
state and local governments can also use BPD to compare the performance
of efficiency projects in their portfolio, and perhaps, to influence
local real estate markets to undertake efficiency performance
improvements by sharing data about their projects without revealing
building-level information.
“As we add more datasets and functionality, we expect that the Building
Performance Database will become an essential tool for the buildings
and financial industries. It will help provide the confidence in rates
of return from energy efficiency performance investments in buildings
to help these investments, and the economic benefits and job growth
they bring, to expand,” Mathew says
This research is funded by the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy.
Interested buildings professionals can sign on to become BPD users at the site URL listed below.
https://www1.eere.energy.gov/buildings/commercial/bpd.html
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