Abstract: Disclosed is a real-time decision support system for facilitating optimization of in a distributed environment. A data capturing module for capturing data from a plurality of data sources at a predefined interval of time. The data is captured pertaining to a specific domain and a specific geographical area. A forecasting module for forecasting demand of energy to be consumed by energy utilities in the specific domain and the geographical area upon analyzing the data. A position gap determination module for determining a position gap indicating a difference between the demand of energy and supply of energy. An energy optimization module for identifying at least one energy pool, from a plurality of energy pools, for retrieving a deficit of the demand of energy and providing the deficit of the demand of energy retrieved from the at least one energy pool in order to bridge the position gap.

Abstract: Disclosed is a real-time decision support system for facilitating optimization of in a distributed environment. A data capturing module for capturing data from a plurality of data sources at a predefined interval of time. The data is captured pertaining to a specific domain and a specific geographical area. A forecasting module for forecasting demand of energy to be consumed by energy utilities in the specific domain and the geographical area upon analyzing the data. A position gap determination module for determining a position gap indicating a difference between the demand of energy and supply of energy. An energy optimization module for identifying at least one energy pool, from a plurality of energy pools, for retrieving a deficit of the demand of energy and providing the deficit of the demand of energy retrieved from the at least one energy pool in order to bridge the position gap.