Systematic analysis of the evolution of electricity and carbon markets under deep decarbonization

The decarbonization of electricity generation presents policy makers in many countries with the delicate task of balancing initiatives for technological change with a commitment to market liberalization. Despite the theoretical attractions, it has become doubtful whether carbon markets by themselves can offer the desired solution. We address this question through an integrated modeling framework, stylized for the Great Britain (GB) power market within the EU ETS, which includes three distinct components: (a) long-term least-cost capacity planning, similar in functionality to many used in policy analysis, but innovative in providing the endogenous calculation of carbon prices; (b) short-term price risk analysis producing hourly dispatch and pricing outputs, which are used to test the annual financial performance metrics implied by the longer-term investments; and (c) agent-based computational learning to derive pricing behavior in imperfect markets. The results indicate that the risk/return profile of electricity markets may deteriorate substantially as a result of decarbonization, reducing the propensity of companies to invest in the absence of increased government support and/or more beneficial market circumstances. If allowed, markets may adjust by deferring investment until conditions improve, consolidating to increase market power, or operating in a tighter market with reduced spare capacity. To the extent that each of these “market-led” solutions may be politically unpalatable, policy design will need to sustain a delicate regulatory regime, moderating the possible increased market power of companies while maintaining low-carbon subsidies for longer than expected. This paper considers some of the modeling implications for this compromise

Wave interaction with defects in pressurised composite structures

There exists a great variety of structural failure modes which must be frequently inspected to ensure continuous structural integrity of composite structures. This work presents a Finite Element (FE) based method for calculating wave interaction with damage within structures of arbitrary layering and geometric complexity. The principal novelty is the investigation of pre-stress effect on wave propagation and scattering in layered structures. A Wave Finite Element (WFE) method, which combines FE analysis with periodic structure theory (PST), is used to predict the wave propagation properties along periodic waveguides of the structural system. This is then coupled to the full FE model of a coupling joint within which structural damage is modelled, in order to quantify wave interaction coeffcients through the joint. Pre-stress impact is quantified by comparison of results under pressurised and non-pressurised scenarios. The results show that including these pressurisation effects in calculations is essential. This is of specific relevance to aircraft structures being intensely pressurised while on air. Numerical case studies are exhibited for different forms of damage type. The exhibited results are validated against available analytical and experimental results

Analysis of Multi-Pin Modular Daughterboard-to-Backplane Connectors at High Bit Rate Signals

A theoretical model for the electrical characterization of multi-pin modular daughterboard-to-backplane connectors at high bit rate signals is developed. The fundamental field equations are transformed into a linear system of equations for the currents and voltages at the edges of the pins of the connector

Layup time for an Automated Fibre Placement process in the framework of a detailed sizing optimisation

Automatic Fibre Placement manufacturing processes have become the aerospace industry standard for the production of large-scale composite components. Besides the challenges linked with the manufacturing of such components, their design process is also complicated leading to the two mainly being treated as different subjects. In this work, the aspect of the layup time required to manufacture the composite component is introduced as an objective function in a detailed sizing optimisation process. The methodology presented is able to identify how the material is going to be laid on the tool, using the sizing information available via a zone-based modelling of the thickness and stiffness properties of the structure. The method is applied to the skin of an aircraft wing and a trade-off between the structural weight and layup time is observed. Results demonstrate that the bi-objective optimisation is a promising tool for reducing the structural mass, while keeping the layup time to acceptable levels by benefiting from a more detailed structural modelling

Syndecan-4 tunes cell mechanics by activating the kindlin-integrin-RhoA pathway

A mechanism of cell response to localized tension shows that syndecan-4 synergizes with EGFR to elicit a mechanosignalling cascade that leads to adaptive cell stiffening through PI3K/kindlin-2 mediated integrin activation. Extensive research over the past decades has identified integrins to be the primary transmembrane receptors that enable cells to respond to external mechanical cues. We reveal here a mechanism whereby syndecan-4 tunes cell mechanics in response to localized tension via a coordinated mechanochemical signalling response that involves activation of two other receptors: epidermal growth factor receptor and beta 1 integrin. Tension on syndecan-4 induces cell-wide activation of the kindlin-2/beta 1 integrin/RhoA axis in a PI3K-dependent manner. Furthermore, syndecan-4-mediated tension at the cell-extracellular matrix interface is required for yes-associated protein activation. Extracellular tension on syndecan-4 triggers a conformational change in the cytoplasmic domain, the variable region of which is indispensable for the mechanical adaptation to force, facilitating the assembly of a syndecan-4/alpha-actinin/F-actin molecular scaffold at the bead adhesion. This mechanotransduction pathway for syndecan-4 should have immediate implications for the broader field of mechanobiology.Peer reviewe

African Americans, Gentrification, and Neoliberal Urbanization: the Case of Fort Greene, Brooklyn

This article examines the gentrification of Fort Greene, which is located in the western part of black Brooklyn, one of the largest contiguous black urban areas in the USA. Between the late 1960s and 2003, gentrification in Fort Greene followed the patterns discovered by scholars of black neighborhoods; the gentrifying agents were almost exclusively black and gentrification as a process was largely bottom-up because entities interested in the production of space were mostly not involved. Since 2003, this has changed. Whites have been moving to Fort Greene in large numbers and will soon represent the numerical majority. Public and private interventions in and around Fort Greene have created a new top-down version of gentrification, which is facilitating this white influx. Existing black residential and commercial tenants are replaced and displaced in the name of urban economic development

Detecting gravitational waves from precessing binaries of spinning compact objects: Adiabatic limit

Black-hole (BH) binaries with single-BH masses m=5--20 Msun, moving on quasicircular orbits, are among the most promising sources for first-generation ground-based gravitational-wave (GW) detectors. Until now, the development of data-analysis techniques to detect GWs from these sources has been focused mostly on nonspinning BHs. The data-analysis problem for the spinning case is complicated by the necessity to model the precession-induced modulations of the GW signal, and by the large number of parameters needed to characterize the system, including the initial directions of the spins, and the position and orientation of the binary with respect to the GW detector. In this paper we consider binaries of maximally spinning BHs, and we work in the adiabatic-inspiral regime to build families of modulated detection templates that (i) are functions of very few physical and phenomenological parameters, (ii) model remarkably well the dynamical and precessional effects on the GW signal, with fitting factors on average >~ 0.97, but (iii) might require increasing the detection thresholds, offsetting at least partially the gains in the fitting factors. Our detection-template families are quite promising also for the case of neutron-star--black-hole binaries, with fitting factors on average ~ 0.93. For these binaries we also suggest (but do not test) a further template family, which would produce essentially exact waveforms written directly in terms of the physical spin parameters.Comment: 38 pages, 16 figures, RevTeX4. Final PRD version. Lingering typos corrected. Small corrections to GW flux terms as per Blanchet et al., PRD 71, 129902(E)-129904(E) (2005

The Politics of Race and Class and the Changing Spatial Fortunes of the McCarren Pool in Brooklyn, New York, 1936-2010

This paper explores the changing spatial properties of the McCarren Pool and connects them to the politics of race and class. The pool was a large liberal government project that sought to improve the leisure time of working class Brooklynites and between 1936 and the early 1970s it was a quasi-public functional space. In the 1970s and the early 1980s, the pool became a quasi-public dysfunctional space because the city government reduced its maintenance and staffing levels. Working class whites of the area engaged into neighborhood defense in order to prevent the influx of Latinos and African Americans into parts of Williamsburg and Greenpoint and this included the environs of the McCarren Pool. The pool was shut down in 1983 because of a mechanical failure. Its restoration did not take place because residents and storekeepers near the vicinity of the pool complained that by the 1970s, it was only African Americans and Latinos who patronized the pool and that their presence in the neighborhood undermined white exclusivity. For two decades, the McCarren Pool became a multi-use alternative space frequented by homeless people, graffiti artists, heroin users, teenagers, and drug dealers. Unlike previous decades, during this period, people of various racial and ethnic backgrounds frequented the pool area in a relatively harmonious manner. In the early part of the twenty-first century, a neoliberal city administration allowed a corporation to organize music concerts in the pool premises and promised to restore the facility into an operable swimming pool. The problem with this restoration project is that the history of the pool between the early 1970s and the early 2000s is downplayed and this does not serve well former or future users of the poo

Rivalry and uncertainty in complementary investments with dynamic market sharing

We study the effects of revenue and investment cost uncertainty, as well non- preemption duopoly competition, on the timing of investments in two complementary inputs, where either spillover-knowledge is allowed or proprietary-knowledge holds. We find that the ex-ante and ex-post revenue market shares play a very important role in firms’ behavior. When competition is considered, the leader’s behavior departs from that of the monopolist firm of Smith (Ind Corp Change 14:639–650, 2005). The leader is justified in following the conventional wisdom (i.e., synchronous investments are more likely), whereas, the follower’s behavior departs from that of the conventional wisdom (i.e., asynchronous investments are more likely)