Monitoring, Optimization and Risk Aversion
For Optimized Energy Portfolio
Updated 2025
Energy volatility is a risk on the Canadian energy sector
- The energy sector contributes to 14 of Canada’s nominal GDP;
- The cost of energy is highly volatile and depends on various factors;
- Intermittency and unpredictable power from sources can complicate the volatility of the cost of energy.
Energy Market Needs Transparency
- Energy retailers pricing is not regulated, and it comes from various sources including fossil fuels etc.;
- Tracking the energy price and associated emission is complex; and
- Deregulated market allows consumers to select the energy providers with the best energy prices.
Supporting Consumers to Optimize Energy Basket
Utilizing Data and Smart Contracts
Providing transparency and awareness in energy markets
Blockchain Enabled
Smart contracts for transparent and auditable energy transactions between retailers and consumers.
Emission Reduction
Renewable energy supply optimization and carbon offset through various market players
JouleBLOCK
Removing the challenges of energy volatility for the Canadian Energy Sector