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Development of B2B Energy Resource Marketplace Platform

teacode.io

Energy & natural resources

Challenges in Energy Procurement

Businesses face difficulties in efficiently sourcing energy resources due to a lack of transparency, fragmented supplier landscape, and cumbersome procurement processes. Existing solutions are often inefficient, lacking features for customized preference setting, comprehensive comparison, and streamlined negotiation.

About the Client

A Polish company focused on streamlining energy procurement for businesses by creating a transparent and efficient marketplace connecting energy suppliers and producers.

Project Goals

Develop a B2B marketplace platform for energy resources.
Simplify and streamline energy procurement processes for businesses.
Enable efficient searching and comparison of energy supply offers.
Facilitate transparent negotiation between energy suppliers and buyers.
Provide tools for risk assessment and financial benefit analysis.
Offer a platform for contract management and invoice tracking.

Core Platform Functionality

Supplier and buyer account management with role-based access control.
Offer creation and management with detailed specifications (PPA, delivery time, etc.).
Advanced search and filtering capabilities based on energy type, location, and other criteria.
Customizable 'sorting preferences' for prioritizing offer parameters.
Proposal comparison tools with graph visualization for financial analysis.
Negotiation module with term sheet generation and acceptance/rejection functionality.
Document upload and exchange (bank guarantees, agreements, etc.).
Contract management module with invoice tracking and payment notifications.
Reporting and analytics dashboards for procurement and contract performance.

Technology Preferences

JavaScript (React or similar framework)

Backend framework (Node.js, Python/Django, or similar)

Database (PostgreSQL or similar)

Real-time communication (WebSockets or similar)

CSV parsing library

External System Integrations

Payment gateway integration (for potential future payment processing)
Document management system integration (optional, for enhanced document handling)

Non-Functional Requirements

Scalability to handle a growing number of users and offers.
High availability and reliability.
Secure data storage and transmission.
Responsive design for optimal viewing on various devices.
Performance optimization for fast loading times.

Expected Business Impact

The platform is expected to significantly improve the efficiency and transparency of energy procurement, reduce procurement costs for businesses, and foster growth in the European energy sector by connecting suppliers and buyers in a streamlined and effective marketplace.