WELCOME TO
THE ENOSI TRADING TRIAL

This project is the first public application of Enosi’s energy trading platform.

SYDNEY SOLAR TRADERS

A group of friends and colleagues, who are committed to disrupting the status quo in the power industry in Australia, came together to form the Sydney Solar Traders.

In July 2018 Enosi executed a trial of trades between this small group of users using our core trading algorithm. Below we show the results of these trades for a particular week in July 2018 for three members of the group.

After the trading period, we found that 32% of trades within the community cost the participants less than if they had bought from their regular retailer. Furthermore, 27% of our participants were willing to pay more for locally-sourced, clean energy.

A summary of one week of the whole groups trading is provided in this table.

Please note that this was a trial trading platform with a small group of users, at a particular point in time. As the network of Enosi platform participants grows, we will see a wider range of results and community benefits.

Metric
Results
kWh Produced
870.23 kWh
kWh Consumed
5791.45 kWh
kWh Traded
425.40 kWh
CO2 Emissions Saved
722.29kg (total solar energy generated) 353.08kg (from community trades)
Graham

Solar consumer:

Graham

Graham
Company executive, lives in Northern Beaches Sydney, Australia. Married with two teenage kids, wants to lower his household’s carbon footprint

Profile

  • Goal is to use less fossil fuels and if he can reduce his power bills, it’s a bonus.
  • Has not yet installed solar panels on his roof, but wants to start trading with others
  • Has set his maximum buying price at 24.43c per kWh
  • During the trial week Graham bought 45kWh of solar energy direct from other community members with no nett increase in his power bill
Robbie

Solar prosumer:

Robbie

Robbie
Works in the green energy space and wants to share some of his rooftop solar with others. Lives on the North Shore of Sydney, Australia

Profile

  • Goal is to maximise the use of his solar output beyond his own home
  • Has set his minimum selling price at 12.5c per kWh (plus grid charges)
  • 5.8kW of solar installed on his roof
  • During his trial Robbie sold over 100 kWh from his rooftop receiving 25% more for his output than the Standard Feed in Tariff
Fiona

Solar consumer:

Fiona

Fiona
Communications executive, lives in free standing home in Western Sydney, Australia

Profile

  • Goal is to reduce power bills
  • Cannot afford solar panels but wants to buy cleaner energy
  • Has set her maximum buying price at 23.99c per kWh
  • Fiona bought 55 kWh of solar energy from other members and saved about 10% on this part of her energy bill