Essays in Energy Markets

In this thesis, I empirically examine how strategic decisions of firms change under events such as input cost shocks and policy changes, in electricity markets. In the first chapter, I show that when the industry-wide cost shock impacts the cost of firms differently, the cost shock could change the strategic incentives of firms, which has important implications on the pass-through of the shock to prices. In the context of the New England electricity market, I show with a structural estimation that the extent of cost increase due to gas price shocks varies across firms and that this led to different levels of firm-level markup adjustments. The pass-through rates of cost shocks, which reflect different incentives for markup adjustments found in my analysis, are estimated to be heterogeneous as well, but close to one, on average. Because data does not fully capture heterogeneity in markup incentives or cost increases, I find that the reduced form pass-through estimate that relies only on data is underestimated compared to the rate implied by the structural estimation. In the second chapter, I examine how upcoming coal plant retirements in the New England electricity market affect the competition and market outcomes, especially when cost shocks occur. I reconstruct market conditions by letting coal plants to retire and replacing them with gas plants, which makes an increased proportion of the electricity generation in this market to be vulnerable to cost shocks caused by gas price shocks. I then simulate counterfactual outcomes with and without giving cost shocks to firms. I find that retirement causes electricity price to increase by 20 %, on average, and prices increase even further after retirement when a larger cost shock affects the market.PHDEconomicsUniversity of Michigan, Horace H. Rackham School of Graduate Studieshttps://deepblue.lib.umich.edu/bitstream/2027.42/138541/1/harimkim_1.pd

Multifunctional nanocomposite hollow fiber membranes by solvent transfer induced phase separation

The decoration of porous membranes with a dense layer of nanoparticles imparts useful functionality and can enhance membrane separation and anti-fouling properties. However, manufacturing of nanoparticle-coated membranes requires multiple steps and tedious processing. Here, we introduce a facile single-step method in which bicontinuous interfacially jammed emulsions are used to form nanoparticle-functionalized hollow fiber membranes. The resulting nanocomposite membranes prepared via solvent transfer-induced phase separation and photopolymerization have exceptionally high nanoparticle loadings (up to 50 wt% silica nanoparticles) and feature densely packed nanoparticles uniformly distributed over the entire membrane surfaces. These structurally well-defined, asymmetric membranes facilitate control over membrane flux and selectivity, enable the formation of stimuli responsive hydrogel nanocomposite membranes, and can be easily modified to introduce antifouling features. This approach forms a foundation for the formation of advanced nanocomposite membranes comprising diverse building blocks with potential applications in water treatment, industrial separations and as catalytic membrane reactors

Spectroscopic Evidence for Multigap Superconductivity of Y at Megabar Pressures

The recent discovery of room-temperature superconductivity (RTSC) at pressures of several megabars has led to intensive efforts to probe the origin of superconducting (SC) electron pairs. Although the signatures of the SC phase transition have been well established, few reports of the SC properties of RTSCs have been published because of the diamond anvil cell (DAC) environments. Here, we report the first direct evidence of two SC gaps in Y metal via point-contact spectroscopy (PCS) in DAC environments, where a sharp peak at the zero-bias voltage in the differential conductance is overlaid with a broad peak owing to Andreev reflection. Analysis based on the Blonder-Tinkham-Klapwijk (BTK) model reveals the existence of two SC gaps: the larger gap is 3.63 meV and the smaller gap is 0.46 meV. The temperature dependence of the two SC gaps is well explained by the BCS theory, indicating that two-band superconductivity is realized in Y metal. The successful application of PCS to Y in DAC environments is expected to guide future research on the SC gap in megabar high-Tc superconductors.Comment: 17 pages, 4 figure

Evidence for charge delocalization crossover in the quantum critical superconductor CeRhIn5_5

The nature of charge degrees-of-freedom distinguishes scenarios for interpreting the character of a second order magnetic transition at zero temperature, that is, a magnetic quantum critical point (QCP). Heavy-fermion systems are prototypes of this paradigm, and in those, the relevant question is where, relative to a magnetic QCP, does the Kondo effect delocalize their $f$-electron degrees-of-freedom. Herein, we use pressure-dependent Hall measurements to identify a finite-temperature scale $E_\text{loc}$ that signals a crossover from $f$-localized to $f$-delocalized character. As a function of pressure, $E_\text{loc}(P)$ extrapolates smoothly to zero temperature at the antiferromagnetic QCP of CeRhIn$_5$ where its Fermi surface reconstructs, hallmarks of Kondo-breakdown criticality that generates critical magnetic and charge fluctuations. In 4.4% Sn-doped CeRhIn$_5$, however, $E_\text{loc}(P)$ extrapolates into its magnetically ordered phase and is decoupled from the pressure-induced magnetic QCP, which implies a spin-density-wave (SDW) type of criticality that produces only critical fluctuations of the SDW order parameter. Our results demonstrate the importance of experimentally determining $E_\text{loc}$ to characterize quantum criticality and the associated consequences for understanding the pairing mechanism of superconductivity that reaches a maximum $T_\text{c}$ in both materials at their respective magnetic QCP.Comment: 19 pages, 5 figures, published in Nature Communication

The Effects of 12-week Online-delivered Isometric and Dynamic Core Stability Exercises on Functional Movement, Dynamic Postural Control, and Core Endurance in Healthy Young Adults

OBJECTIVES The purpose of this study was to compare the effects of 12-week online-delivered isometric and dynamic core stability exercises on functional movements, dynamic postural control, and core endurance in healthy young adults. METHODS This is a single-blind randomized controlled trial. Sixty young adults (age range: 19-34 years; 12 males, 48 females) participated in this study. They were randomly assigned to the isometric core exercise [ICE], dynamic core exercise [DCE], or control group. Participants in the ICE and DCE groups performed 40-60 min real-time online-delivered core exercise session via Zoom video conferencing application, twice a week for 12 weeks. Participants in the control group did not participate in exercise intervention. All participants were asked not to participate in other exercises for 12 weeks. The outcome measurements include the functional movement screen, Y-balance test (upper & lower), and core endurance tests (flexor, extensor, and lateral flexor of the trunk). RESULTS The results of this study showed significant improvement in core endurance, functional movement, and dynamic postural control of the upper body in the ICT and DCE groups compared with the control group. However, significant differences were not found between the ICE and DCE groups in all variables. CONCLUSIONS Both types of online-delivered core exercise programs have been shown to be effective in improving functional movement, dynamic posture control, and core endurance in young adults. In addition, since both types of exercise have been shown to be effective on core stability related variables, both types of exercise can be recommended for young adults. However, further studies are warranted to investigate the gender differences on the effects of the core stability exercises

Synthesis of 3-substituted 2-cyclohexenones through umpoled functionalization

El trabajo se refiere a una metodología sobre un estudio de reactividad invertidaA new protocol to obtain 3-substituted 2-cyclohexenones, was developed by reversing the chemical reactivity of 2-cyclohexenone. One-pot synthesis of 3-substituted 2-cyclohexenones can be achieved by treatment of 3-phenylthiosilyl enol ether with a mixture of t-BuLi/HMPA that allows hydrogen-selective exchange in presence of reactive electrophiles such as aldehydes, ketones and alkyl halides. This affords the corresponding product in moderate overall yield, after silyl enol ether cleavage and concomitant thiophenol elimination initiated with TBAF.Conacy

Triple-sinusoid hedgehog lattice in a centrosymmetric Kondo metal

Superposed symmetry-equivalent magnetic ordering wave vectors can lead to topologically non-trivial spin textures, such as magnetic skyrmions and hedgehogs, and give rise to novel quantum phenomena due to fictitious magnetic fields associated with a non-zero Berry curvature of these spin textures. To date, all known spin textures are constructed through the superposition of multiple spiral orders, where spins vary in directions with constant amplitude. Recent theoretical studies have suggested that multiple sinusoidal orders, where collinear spins vary in amplitude, can construct distinct topological spin textures regarding chirality properties. However, such textures have yet to be experimentally realised. In this work, we report the observation of a zero-field magnetic hedgehog lattice from a superposition of triple sinusoidal wave vectors in the magnetically frustrated Kondo lattice CePtAl4Ge2. Notably, we also observe the emergence of anomalous electrical and thermodynamic behaviours near the field-induced transition from the zero-field topological hedgehog lattice to a non-topological sinusoidal state. These observations highlight the role of Kondo coupling in stabilising the zero-field hedgehog state in the Kondo lattice and warrant an expedited search for other topological magnetic structures coupled with Kondo coupling

Baseline Sensitivity of Echinochloa crus-gall and E. oryzicola to Florpyrauxifen-Benzyl, a New Synthetic Auxin Herbicide, in Korea

Echinochloa species is one of the most problematic weed species due to its high competitiveness and increasing herbicide resistance. Florpyrauxifen-benzyl, a new auxin herbicide, was recently introduced for Echinochloa management; however, the potential risk for the development of herbicide resistance in Echinochloa species has not been well-investigated. Thus, this study was conducted to evaluate the baseline sensitivity of Echinochloa species to florpyrauxifen-benzyl to estimate the risk of future resistance development. A total of 70 and 71 accessions of Echinochloa crus-galli and Echinochloa oryzicola were collected from paddy fields in Korea, respectively. These two Echinochloa species were grown in plastic pots up to the 5-leaf stage, and treated with florpyrauxifen-benzyl at a range of doses from 2.2 g to 70.0 g a.i. ha–1. Nonlinear regression analyses revealed that GR50 values for E. oryzicola ranged from 4.54 g to 29.66 g a.i. ha–1, giving a baseline sensitivity index (BSI) of 6.53, while those for E. crus-galli ranged from 6.15 g to 16.06 g a.i. ha–1, giving a BSI of 2.61. Our findings suggest that E. oryzicola has a greater potential risk than E. crus-galli for the development of metabolism-based resistance to florpyrauxifen-benzyl

Kinematic oscillations of post-CME blobs detected by K-Cor on 2017 September 10

We investigate 20 post-coronal mass ejection (CME) blobs formed in the post-CME current sheet (CS) that were observed by K-Cor on 2017 September 10. By visual inspection of the trajectories and projected speed variations of each blob, we find that all blobs except one show irregular "zigzag" trajectories resembling transverse oscillatory motions along the CS, and have at least one oscillatory pattern in their instantaneous radial speeds. Their oscillation periods are ranging from 30 to 91 s and their speed amplitudes from 128 to 902 km s-1. Among 19 blobs, 10 blobs have experienced at least two cycles of radial speed oscillations with different speed amplitudes and periods, while 9 blobs undergo one oscillation cycle. To examine whether or not the apparent speed oscillations can be explained by vortex shedding, we estimate the quantitative parameter of vortex shedding, the Strouhal number, by using the observed lateral widths, linear speeds, and oscillation periods of the blobs. We then compare our estimates with theoretical and experimental results from MHD simulations and fluid dynamic experiments. We find that the observed Strouhal numbers range from 0.2 to 2.1, consistent with those (0.15-3.0) from fluid dynamic experiments of bluff spheres, while they are higher than those (0.15-0.25) from MHD simulations of cylindrical shapes. We thus find that blobs formed in a post-CME CS undergo kinematic oscillations caused by fluid dynamic vortex shedding. The vortex shedding is driven by the interaction of the outward-moving blob having a bluff spherical shape with the background plasma in the post-CME CS