Prof. Ben Hobbs

March 12th, 2026

Some Storage and Uncertainty Challenges for Market Design and Models
Prof. Ben Hobbs

Prof. Ben Hobbs

This talk is in two parts. The first is on the practical challenges to market software to adding battery storage to a system amounting to one-third of the system peak (17 GW in California), including market power, technical constraints, and interaction of arbitrage and reserve functions. The second is on the challenges of using large-scale optimization to plan grids while considering the value of diversification and adaptability under a profoundly uncertain future. There is crucial research to be done by EPICS and the power systems & economics community on these topics

Ben Hobbs earned his PhD from Cornell University, where his thesis was on models of network-constrained oligopolistic competition among electric generators. He has been at JHU since 1995 in the Department of Environmental Health & Engineering, and has served as chair and deputy chair of that department. He is the Theodore & Kay Schad Professor of Environmental Management. He was previously on the faculty at Case Western Reserve University and a staff researcher at Brookhaven and Oak Ridge National Labs (US). He is a Life Fellow of IEEE and Fellow of INFORMS, and received a Presidential Young Investigator Award from President Reagan.

He has been a member of the California power market’s surveillance committee since 2002, and now serves as its chair. From 1995-2002, he was a consultant to the Office of the Economic Advisor of the Federal Energy Regulatory Commission.

Dr. Hobbs is a Global Director of EPICS, a NSF Global Climate center within the JHU Robert O’Connor Sustainable Energy Institute on managing renewable-dominated power systems. EPICS is a partnership with the University of Melbourne, CSIRO, and Imperial College London. Previously, he directed the JHU Environment, Energy, Sustainability & Health Institute (E2SHI) and was JHU director for the Yale-JHU Solutions for Energy, Air, Climate & Health (SEARCH) center.