An energy consumer with some generation
capability such that they may also sell excess energy.
A fleet of smart meters used to inform the EDAO
of the members’ energy consumption and production.
Decentralised Autonomous organisation.
(ENOSI DECENTRALISED AUTONOMOUS
ORGANISATION) A DAO which will abide by a set of
programmatic rules as implemented by the JOUL holders.
(New Energy Retailers) A reseller of energy
services and organiser of a community energy scheme.
an application that runs on a distributed,
decentralised network (such as the blockchain) and does
not rely on a centralised server or 3rd party.
The cryptocurrency being created by Enosi,
used as an access token to the Enosi platform.
The new decentralised energy system which
Enosi intends to bring into reality
Energy trading between households or
businesses, rather than from a centralised generator or
A virtual balance for a user’s JOULs.
A decentralised ledger using validation by
many computers to remain secure.
Digital asset protected by encryption that
can be used in financial transactions.
A program running on the blockchain
able to act autonomously on the behalf of a user
Token Generation event.
Ethereum is an open-source, public,
blockchain-based distributed computing platform and
operating system featuring smart contract (scripting)
A cryptocurrency designed to remain as
stable as possible
Distributed ledger technology
Creating additional fresh blockchains which
talk to each other, rather than one large blockchain, this
makes verification faster
Proof as to the origins and
transactional history of a unit of energy or currency
Lifetime Cost of Electricity
Software with source code freely available
for use, distribution and modification.
a state of limited competition, in which a
market is shared by a small number of producers or
The national currency of a particular
country (e.g. US Dollar)
A leader in a particular industry
owner of physical power plant
electricity generation infrastructure that produces
electricity that is measured in kWh. Large utility scale
power plants include coal, gas, nuclear, diesel, wind, and
the physical meter located at each
consumer’s premises that measures and records the
amount of electricity generated or consumed in kWh.
Examples: EDMI, Landis&Gyr
the electricity transmission or
distribution infrastructure that transmits the electricity from
the Electricity Generator to the consumer, ie poles and
government organisation that
writes the rules and regulations under which all market
participants operate. Examples AER, AEMC.
company that supplies, installs and
maintains the electricity meter at the consumer premises.
This is often the Network Operator, but in deregulated
markets is often provided by independent third parties.
Examples: Metropolis, Active Stream
owner and operator of the electricity
transmission or distribution infrastructure. Typically, a
regulated monopoly, can be privately owned. Examples:
organisation that markets and sells electricity
to end consumers. Examples: Energy Australia, PG&E,
An Electricity Meter that records the
electricity in 30 min intervals or less, and is able to
transmit this data (typically daily). Examples EDMI.
Retail energy license: A license which must be held to
engaging in the retail sale of energy.
independent system operator.
Wholesale market: The market for the sale of goods to a
A register for recording the finances of a group of
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