Qingyu Xu and Benjamin F. Hobbs
Economic Efficiency of Alternative Border Carbon Adjustment Schemes: A Case Study of California Carbon Pricing and the Western North American Power Market
Tag Archives: b.hobbs
EPRG Working Paper 1911
Özge Özdemir, Benjamin F. Hobbs, Marit van Hout, and Paul Koutstaal Capacity vs Energy Subsidies for Renewables: Benefits and Costs for the 2030 EU Power Market Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1840
Brent Eldridge, Richard O’Neill, and Benjamin F. Hobbs Pricing in Day-Ahead Electricity Markets with Near-Optimal Unit Commitment Abstract | Non-Technical Summary | PDF Continue Reading
Presentation “Strategic Eurasian Natural Gas Market Model for Energy Security and Policy Analysis: Application to South Stream investment and Ukraine’s gas diversification policy” by Chi Kong Chyong and Benjamin Hobbs
Chi Kong Chyong & Benjamin Hobbs gave a presentation on “Strategic Eurasian Natural Gas Market Model for Energy Security and Policy Analysis: Application to South Stream investment and Ukraine’s gas diversification policy” at the INFORMS Annual Meeting, San Francisco, USA (9 November 2014) | PDF Continue Reading
Financial Transmission Rights: California and PJM
Benjamin F. Hobbs and Guillermo Bautista: Financial Transmission Rights: California and PJM London Presented 31 May 2011 | Download PDF Continue Reading
We Need Electric Policy Models with Uncertainty and Risk Aversion!
Benjamin Hobbs: We Need Electric Policy Models with Uncertainty and Risk Aversion! International Ruhr Energy Conference, Essen Presented 5 October 2009 | Download PDF Continue Reading
Introduction to Transmission Market Design in the US: Locational Marginal Pricing
Benjamin Hobbs: Introduction to Transmission Market Design in the US: Locational Marginal Pricing NGInfra Academy, Venlo Presented 24 September 2009 | Download PDF Continue Reading
US CO2 Policies: Moving Towards Ambitious Reductions?
Benjamin Hobb: US CO2 Policies: Moving Towards Ambitious Reductions? IAEE European Conference, Vienna Presented 9 September 2009 | Download PDF Continue Reading
Imperfect Models of Imperfect Competition in EU Gas Markets: Great Potential, Great Shortcomings
Benjamin F. Hobbs: Imperfect Models of Imperfect Competition in EU Gas Markets: Great Potential, Great Shortcomings Larsen – EDF R&D Colloquium Seminar on Competition and Security on European Gas Markets Presented 9 April 2010 | Download PDF Continue Reading
Unit Commitment Benefits of LMP-Based Market Coupling: A Stylized Model for Insight
Harry van der Weijde and Benjamin F. Hobbs: Unit Commitment Benefits of LMP-Based Market Coupling: A Stylized Model for Insight Model Comparison Workshop on Renewables Network Integration, Brussels Presented 9 June 2010 Continue Reading
Why Did the US (Mostly) Go With LMP? Benefits of Flow‐Based Allocation
Benjamin F. Hobbs and Karsten Neuhoff: Why Did the US (Mostly) Go With LMP? Benefits of Flow‐Based Allocation Workshop on the Role of Power Market Design for the Achievement of the 20% Renewable Target, Brussels Presented 10 June 2010 | Download PDF Continue Reading
Upstream v. Downstream CO2 Trading in Electricity Markets: What is the Cheapest Way to Sustainability?
Benjamin F. Hobbs: Upstream v. Downstream CO2 Trading in Electricity Markets: What is the Cheapest Way to Sustainability? 7th Conference on the European Energy Market, Madrid, Spain Presented 25 June 2010 | Download PDF Continue Reading
How Can We Use Scenarios? Planning Transmission Under Uncertainty
Benjamin F. Hobbs: How Can We Use Scenarios? Planning Transmission Under Uncertainty UKERC Workshop on Energy Scenarios and Modelling, London Presented 7 July 2010 | Download PDF Continue Reading
Market Equilibrium and Gaming Models for Electricity Policy Analysis and Policy Design
Benjamin F. Hobbs: Market Equilibrium and Gaming Models for Electricity Policy Analysis and Policy Design Corso di Eccelenza, Politecnico di Torino, Turin, Italy. Presented 19-20 July 2010 | Download PDF Continue Reading
Transmission Planning Under Uncertainty: A Stochastic Two-Stage Modelling Approach
Benjamin F. Hobbs: Transmission Planning Under Uncertainty: A Stochastic Two-Stage Modelling Approach 2010 INFORMS Annual Meeting, Austin, Texas Presented 8 November 2010 | Download PDF Continue Reading
EPRG 0719
Jinye Z Schulkin, Benjamin F Hobbs, Jong-Shi Pang Long-Run Equilibrium Modeling of Alternative Emissions Allowance Allocation Systems in Electric Power Markets EPRG 0719 Non-Technical Summary | PDF Abstract: A question in the design of carbon dioxide trading systems is how allowances are to be initially allocated: by auction, by giving away fixed amounts, or by… Continue Reading
EP 73
Benjamin Hobbs, Fieke Rijkers The More Cooperation, the More Competition? A Cournot Analysis of the Benefits of Electric Market Coupling EP 73 | Non-Technical Summary | PDF Abstract: Market coupling in Belgian and Dutch markets would permit more efficient use of intercountry transmission, 1) by counting only net flows against transmission limits, 2) by improving… Continue Reading
EPRG 1022
Harry van der Weijde and Benjamin F. Hobbs Locational-based Coupling of Electricity Markets: Benefits from Coordinating Unit Commitment and Balancing Markets EPRG 1022 | Non-Technical Summary | PDF Also published in: Journal of Regulatory Economics, June 2011, vol.39 (3), pp 223-251 Abstract: We formulate a series of stochastic models for committing and dispatching electric generators… Continue Reading
EPRG 1014
Lin Fan, Benjamin F. Hobbs and Catherine S. Norman Risk Aversion and CO2 Regulatory Uncertainty in Power Generation Investment: Policy and Modeling Implications EPRG 1014 | Non-Technical Summary | PDF Abstract: Our simulation considers producers in a competitive energy market. Risk averse producers face uncertainty about future carbon regulation. Investment decisions are a two-stage equilibrium… Continue Reading
EPRG 1010
Benjamin F. Hobbs, James Bushnell and Frank A. Wolak Upstream vs. Downstream CO2 Trading: A Comparison for the Electricity Context EPRG 1010 | Non-Technical Summary | PDF Abstract: In electricity, “downstream” CO2 regulation requires retail suppliers to buy energy from a mix of sources so that their weighted emissions satisfy a standard. It has been… Continue Reading
EPRG 1115
Chi Kong Chyong and Benjamin F. Hobbs Strategic Eurasian Natural Gas Model for Energy Security and Policy Analysis EPRG 1115 | Non-Technical Summary | PDF Abstract: The mathematical formulation of a large-scale equilibrium natural gas simulation model is presented. Although large-scale natural gas models have been developed and used for energy security and policy analysis… Continue Reading
EPRG 1113
Cedric De Jonghe, Benjamin F. Hobbs and Ronnie Belmans Integrating Short-term Demand Response Into Long-Term Investment Planning EPRG 1113 | Non-Technical Summary | PDF Abstract: Planning models have been used for many years to optimize generation investments in electric power systems. More recently, these models have been extended in order to treat demand-side management on… Continue Reading
EPRG 1102
Adriaan Hendrik van der Weijde and Benjamin F. Hobbs Planning electricity transmission to accommodate renewables: Using two-stage programming to evaluate flexibility and the cost of disregarding uncertainty EPRG 1102 | Non-Technical Summary | PDF Abstract: We develop a stochastic two-stage optimisation model that captures the multistage nature of electricity transmission planning under uncertainty and apply… Continue Reading
EPRG 1201
Dan Eager, Benjamin Hobbs and Janusz Bialek Dynamic Long-Term Modelling of Generation Capacity Investment and Capacity Margins: a GB Market Case Study Continue Reading