Strategic Gaming Analysis for Energy Trading in the Smart Grid : Matrix Algebraic Approach

Abstract

Power storage system is essential element in energy trading environment. In this paper we studied about energy trading system based on double auction between sellers and buyers. Multiple participants have their own strategy and each player responds for other players’. Therefore some equilibrium point under some specific utility function is needed. In view of these facts, some authors proved the existence of Nash equilibrium. We studied about more profound conditions for existence of Nash equilibrium and direct finding method for equilibrium points.