Intelligent bid decision support system for generation companies

With the progress of transmission and power plant separation and competition before supply, generation companies are anxious to have an efficient bidding assistant decision system to gain more benefit. Intelligent bid decision support system for generation companies (GCBIDSS) is a computer system to assist generation companies to price the electricity. This paper introduces the conception of intelligent decision support system (IDSS), and puts emphasis on the systematical structural framework, work process, design principal, and fundamental function of GCBIDSS. The case study illustrates that the friendly window-based user interface of the system enables the user to take full advantage of the capabilities of the system in order to make effective real-time decision.