Development of a Dynamic Electricity Marketplace Platform for Independent Trading

The client faces industry-specific burdens due to the lack of existing solutions for a marketplace that enables individuals to trade electricity units privately. With recent EU legislation allowing independent users to create such marketplaces, the client requires a secure, high-availability platform to connect users with electricity providers, manage property and contract requests, and facilitate contract signing seamlessly.

A medium-sized energy trading company aiming to facilitate peer-to-peer electricity unit trading through a regulated online marketplace.

• Create a platform that connects clients with electricity providers for peer-to-peer trading.
• Enable users to manage their properties and initiate contract requests within the platform.
• Implement a contract signing mechanism to formalize deals securely on the platform.
• Design an architecture ensuring platform resilience and an optimal user experience.
• Deploy the solution using modern containerization and orchestration technologies to ensure scalability and fault tolerance.

• Provider catalogue with real-time deal listings and dynamic pricing options.
• User property management interface.
• Deal request submission and tracking system.
• Secure online contract signing and deal finalization.
• High-availability architecture to minimize system failures.
• User-friendly interface optimized for quick access and transaction efficiency.

• Payment gateways for transaction processing
• Third-party authentication providers for secure login
• External regulatory compliance services
• Notification and messaging systems for deal updates

• System uptime of 99.9% to ensure platform reliability
• Scalability to support increasing user base and deal volume
• Data security measures complying with EU regulations
• Responsive user interface optimized for various devices

The platform aims to facilitate a transparent and efficient peer-to-peer electricity trading market, potentially increasing transaction volumes and user engagement. It is expected to achieve high system availability and security, significantly reducing the risk of transaction failures and ensuring regulatory compliance, thereby fostering consumer trust and market growth.