Smart grid is the modern two way mechanism combining the power grid, control center, smart metering facility, energy routing and customer demand response services. The system being complicated, security vulnerabilities are paramount for the sound operation and process continuation. Since smart grid connects with the end user to the energy providers, these two parties can interact with each other within the whole energy management work flow. In this regard, game theory provides effective insights in the analysis of security measures for smart grid. The mentioned parties will be the players in the game model to provide a solution for the various threats to the grid aspects. In this work, a brief review has presented with the existing approaches to the threat models for divergent sectors of the smart grid. The solution approaches to these threats are based on the game theoretical approaches that connect the attackers and defenders in the scenarios.
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