English

A Cournot-Nash Model for a Coupled Hydrogen and Electricity Market

Optimization and Control 2024-10-29 v1

Abstract

We present a novel model of a coupled hydrogen and electricity market on the intraday time scale, where hydrogen gas is used as a storage device for the electric grid. Electricity is produced by renewable energy sources or by extracting hydrogen from a pipeline that is shared by non-cooperative agents. The resulting model is a generalized Nash equilibrium problem. Under certain mild assumptions, we prove that an equilibrium exists. Perspectives for future work are presented.

Keywords

Cite

@article{arxiv.2410.20534,
  title  = {A Cournot-Nash Model for a Coupled Hydrogen and Electricity Market},
  author = {Pavel Dvurechensky and Caroline Geiersbach and Michael Hintermüller and Aswin Kannan and Stefan Kater and Gregor Zöttl},
  journal= {arXiv preprint arXiv:2410.20534},
  year   = {2024}
}

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