Hobgoblin's verson of the shock gloves could produce a very powerful burst of energy.
Norman Osborn later used the shock gloves when he became the Green Goblin. Unlike Hobgoblin's shock gloves instead of a powerful laser blast the new shock gloves could fire a small beam of electricity from the tip of the index finger.
Green Goblin's shock gloves could also produce a flash of light to temporarily blind his enemies.
Additionally Green Goblin's shock gloves could also release sleeping gas from the finger tips.