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This paper presents a novel method to help the bidder to make a reasonable bidding strategy. Three bidding schemes are discussed in this paper, that is, cost analytical method, time series analysis method and grey prediction method. The decision method based on multi-attribute decision-making principle is presented to choose a best bidding strategy from optional three schemes. This method is used in a certain power plant of East-China electricity market and case study verified its effectiveness.
Artificial Intelligence and Computational Intelligence, 2009. AICI '09. International Conference on (Volume:4 )
Date of Conference: 7-8 Nov. 2009