Equilibrium Calculation in Electricity Market Modeled as a Two-stage Stochastic Game using competitive Coevolutionary Algorithms

The present paper investigates the use of competitive coevolutionary algorithm in order to find supplier's optimal strategies in a deregulated electricity market, by calculating the Nash equilibrium strategies. In this work, we consider a stochastic model where spot market parameters are not known in advance. the market agents can take part in the forward and spot transactions and act strategically in order to increase their profits from both transactions.