Research and Development of Decision Support System for Electricity Price Prediction of Power Generation Enterprises

To meet the needs of power producers in production, operation and bidding for access to the Internet under new situation, we e develop the operation decision support system for power generation enterprises. The system includes cost characteristic analysis module, bidding analysis module, quotation strategy module, real-time quotation system module, real-time cost tracking module and transaction evaluation system module. In the key electricity price forecasting module, the cost analysis algorithm based on genetic optimization algorithm and bidding strategy based on game theory are developed. The testing results show that the operation decision support system of the power generation enterprises runs well and the forecast price is more accurate, which provides the technical basis for the power generation company to compete on the Internet and it provides strong support for future survival and development.