- Behind-the-Meter
- Generation or storage that sits on the customer’s side of the electricity meter, usually to serve on-site demand. Different from a standalone asset that trades primarily with the network.
- BESSBattery storage project
- Battery Energy Storage System. A battery installation that stores electricity and discharges it later — behind a meter, co-located with generation, or as a standalone grid-connected asset.
- Capex
- Capital expenditure. The upfront cost to build or install the project. Distinct from opex, which is the ongoing cost to run it.
- CPO
- Charge Point Operator. A company that owns or operates EV charge points, often including hardware, software, maintenance and customer access. Different from an installer, who delivers the physical works.
- Destination Charging
- Charging provided where people already spend time — hotels, retail, leisure — rather than only as a rapid roadside stop. Dwell time is part of the project description.
- DNO
- Distribution Network Operator. The company that runs the local electricity network. Grid connection, export and capacity conversations typically involve the DNO or an independent equivalent.
- EPC
- Engineering, Procurement and Construction. A delivery contractor that designs, buys and installs a project against a defined scope. An EPC quotation is a delivery cost, not an investment offer.
- Feasibility
- Early technical and commercial testing: is the site, grid, building or use case capable of supporting the project being described? Feasibility can precede costing; it is not a quote.
- Fleet Charging
- Charging infrastructure for an organisation’s own vehicles, often at a depot. The binding questions are usually power, dwell window and install cost, not public utilisation.
- Grid Connection
- The arrangement that lets a project take power from, or export power to, the electricity network. Timing, capacity and cost of connection are often the binding constraint on storage and generation projects.
- Heat PumpCommercial heat project
- A system that moves heat using electricity rather than burning fuel on site. On WattFund, commercial heat pump projects are treated as building and energy-system work: demand, temperatures, electrical capacity, costing and delivery — not a domestic product listing.
- Investment Opportunity
- A project presented for capital review. Public examples on WattFund are currently illustrative and are not open investment offers. Live opportunities are introduced through the platform when reviewed.
- Opex
- Operating expenditure. Ongoing costs such as maintenance, software, network charges or land. A costing conversation should say whether a figure is capex, opex, or both.
- PPA
- Power Purchase Agreement. A contract to buy or sell electricity from a project over a period. Whether a PPA exists, and on what terms, is a commercial fact to be stated — not assumed.
- Project Costing
- A delivery estimate from people who can do the work, based on a stated scope. WattFund does not generate a price. Costing is different from feasibility, which tests whether an idea holds.
- Project Finance
- A way of funding a project where lenders or investors look primarily at the project’s cash flows and contracts rather than only at the sponsor’s balance sheet. It is one possible structure, not a default product WattFund sells.
- Project Owner
- The person or organisation that controls, or is originating, an energy project or site. On WattFund this includes businesses, landowners, developers and others who need costing, capital or delivery support.
- Project Request
- A structured request raised from a project — for example costing, technical input or a delivery partner — so relevant providers can respond against a brief rather than a vague enquiry.
- Public Charging
- EV charge points intended for general use, typically with public access, payment and an operator. Different from workplace or depot chargers used mainly by one organisation.
- Service Opportunity
- A project requirement that service providers can review and propose against. It is work to be priced and delivered, not an investment offer.
- Service Provider
- A contractor or specialist that can cost, design, install or otherwise deliver work against a project requirement. Visibility on WattFund follows stated capability, not purchased leads.
