Benjamin F. Hobbs is the Theodore M. and Kay W. Schad Chair of Environmental Management at the Johns Hopkins University, and has been a member of the faculty of the JHU Whiting School of Engineering since 1995. His PhD is in Environmental Systems Engineering from Cornell University, and his research addresses systems and economic analyses of electric power and environmental systems. Previously, he was at Brookhaven and Oak Ridge National Laboratories, on the faculty of Case Western Reserve University, and an Overseas Fellow at Churchill College, Cambridge University. From 2010 to 2018, he was Director of the JHU Environment, Energy, Sustainability & Health Institute. He presently co-directs the USEPA Yale-JHU SEARCH (Solutions for Energy, Air, Climate, and Health) Center. He was named a Presidential Young Investigator Award by President Reagan in 1986. Dr. Hobbs chairs the Market Surveillance Committee of the California Independent System Operator. He is a Fellow of IEEE and INFORMS.
The authors model a hierarchical Stackelberg game in a competitive power market under high behind-the-meter photovoltaics penetration and demand-side uncertainty, with emphasis on the feedback loop between distributed generation via photovoltaics and…