Quotations for energy trading within a few minutes

Web builder Tam Tam has built an application for energy wholesaler E.ON Benelux with which E.ON intermediaries can request quotations and contracts for their customers. A process that used to take a few days before now takes a few minutes. E.ON Benelux focuses on the business market. The energy company mainly works with brokers who supply the electricity to the end user

Web builder Tam Tam has built an application for energy wholesaler E.ON Benelux with which E.ON intermediaries can request quotations and contracts for their customers. A process that used to take a few days before now takes a few minutes.

E.ON Benelux focuses on the business market. The energy company mainly works with brokers who supply the electricity to the end user. The middlemen are small service companies such as Westland Energie, NRG XS and Nutsbedrijf Regio Eindhoven.

Tam Tam built the online application behind a login. E.ON only provides logins to customers with whom they have a relationship. Both parties sign for this. A four-step wizard generates detailed binding offers. Customers can also conclude binding contracts online.
Current binding offers are crucial for the energy trade because prices fluctuate enormously and energy can not be stored.

The request for quotation process used to cost several days. The accounting department had to manually transfer figures from the application into Excel sheets with complicated calculation formulas. The intermediate traders are relatively small quotations. This allowed the process to be simplified and automated.

The energy market will be further liberalized next year. Tam Tam has no plans to fully invest in that market. "We would like to build this kind of applications", says product manager Diede in't Veld. "We believe in this way of doing business: people can collaborate via online applications or give access to a service or information."

E.ON already had a comparable online service for small and medium-sized businesses. E.ON's own automation department had built that application. Michiel van Eijck, wholesale manager of E.ON, decided to work with external specialists for the Wholesale Solution. "I did not want to carry the risk of a bug in the site, " says Van Eijck.

Tam Tam was founded in 1996 by the brothers Paul and Bart Manuel. The company has close contacts with TU Delft, where Bart Manuel studied. According to Diede in't Veld, the company had a turnover of three million euros in 2001 and made a profit.