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Durham University

Durham Energy Institute

Past Events

Find out about some of the previous events held by Durham Energy Institute:

Guest Seminar: How to have fun in Electricity Policy Modelling

22nd July 2010, 13:00 to 14:00, Room E360, School of Engineering & Computing Sciences, Professor Benjamin F. Hobbs, The John Hopkins University and University of Cambridge

I describe how both small and large-scale models can yield useful qualitative and quantitative insights concerning important economic and environmental issues affecting the electric power industry.  Both market models and operations models are discussed.  The models use optimization to represent decisions by individual market parties, as constrained by policies and incented by market prices.  I draw from examples concerning environmental regulation, including greenhouse gas and acid rain legislation, and market power in bulk power markets.

Biography

Dr Hobbs is the Theodore & Kay Schad Professor of Environmental Management in the Whiting School of Engineering, at Johns Hopkins University, Baltimore, MD, USA.  also holds a joint appointment in the Department of Applied Mathematics and Statistics, and will be the inaugural director of the JHU Institute for Environment, Sustainability, and Health starting Fall 2010.  He is a former Professor of Systems Engineering and Civil Engineering at Case Western Reserve University. He has previously held positions at Brookhaven National Laboratory and Oak Ridge National Laboratory, and serves on the Market Surveillance Committee for the California power market.  During 2009-2010, he has been visiting the University of Cambridge, where he is Senior Research Associate in the Electricity Policy Research Group in the Department of Economics and Judge Business School, and Overseas Fellow at Churchill College.  Dr Hobbs has a Ph.D. in Environmental Systems Engineering from Cornell University, and is a Fellow of the IEEE.

Contact a.m.norton@durham.ac.uk for more information about this event.

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