The Ontario power market will become competitive in November 2000. The task of defining and implementing OPGI operational activities will become increasingly complicated as the market deregulates. The newly restructured Ontario electricity market will require OPGI to develop profitable generation bids for their portfolio and electronically validate the formats of these bids; submit the bids to the IMO and NY ISO; receive their schedules; and store all information in a data repository that can be accessed for future data analysis. The gimsplus™ system will allow OPGI to do all of these functions effectively and with ease. The purpose of trading in any bidding environment is to maximize overall corporate profits. This requires not only a successful bidding strategy, but the proper settlement for bids accepted by the IMO and NY ISO. The goal being, to insure that all revenue due from market awards and scheduled unit operations are realized. The gimsplus™ system resolves many settlement uncertainties, including: Is the data as published the same as the data as settled? What is the quality of the load and generation measurement? What is the quality of individual IMO and ISO settlement calculations? Can the settlement quantities be verified? Are performance penalties correct? The gimsplus™ system helps to achieve overall portfolio optimization by better enabling coordination of operational activities of generation units; management of the bidding process; and management of the settlement process. The gimsplus™ system for OPGI is also fully integrated with the Caminus trading system and TIBCO middleware for an end-to-end solution. Stephen Lee, Project Manager for IMO Integration Project, states, “Why ABB EIS, because of their knowledge and expertise in the electricity market; a product (gimsplus™) already working in production; resources and experience to meet a tight project timeline; multi-market system capabilities; and long term stability as a systems supplier.” Dave Felzien, ABB EIS Product Manager for gimsplus™ notes, “Developing a trade management and settlement system to match the scope presented by OPGI’s size and needs and the challenge posed by the IMO’s market structure, would not be possible in a short period of time without the prior experience gained by providing similar solutions for ISO New England and the New York ISO.” OPGI was formerly part of Ontario Hydro. Ontario Hydro ceased operation in April 1999 in preparation for market competition. Ontario Hydro became Ontario Power Generation Inc. (OPGI) and Ontario Hydro Services Company Inc. (renamed Hydro One). OPGI has 80 generating stations that have 31,000 megawatts of generating capacity. OPGI is responsible for 85% of the generation in Ontario, Canada. In 1998, the company had revenues of $4.4 billion ($US). ABB Background: With offices in Germany, England, Australia and the United States, ABB Energy Information Systems offers software solutions for Generation, Transmission, and Energy Trading. The company, a part of ABB T&D Company Inc., is an industry leader in solutions for the new deregulated electric power industry. ABB, with U.S. headquarters in Norwalk, Conn., serves customers in automation; power transmission and distribution; oil, gas and petrochemicals; building technologies; and financial services. U.S. operations employ over 16,000 people at manufacturing and other facilities in 40 states. Worldwide, ABB Group reported revenues of $25 billion in 1999. With novel IT applications, tailored software solutions, growing eBusiness, and a fast-expanding knowledge and service base, ABB is building links to the new economy. The Group employs about 165,000 people in more than 100 countries.