Modular AC coupled hybrid power systems for the emerging GHG mitigation products market

Bioenergy systems particularly waste to energy (WTE) systems are increasingly gaining prominence. Market for modular hybrid energy systems (HES) combining renewable energy sources including WTEs is potentially large. Novel configuration of AC coupling for HES is discussed. Emerging opportunities for market development of hybrid energy systems under green house gas mitigation initiatives particularly Kyoto flexibility mechanisms is analysed

Aerosol Characteristics at a high-altitude station Nainital during the ISRO-GBP Land Campaign-II

During the second land campaign (LC-II) organised by ISRO-GBP, extensive ground-based measurements of aerosol characteristics were carried out over Manora Peak (29.4oN; 79.5oE; 1951 metres above mean sea level), Nainital (a high altitude station located in the Shivalik ranges of Central Himalayas) during the dry, winter season (December) of 2004. These measurements included the spectral aerosol optical depths (AOD), columnar water vapour content (W), Total Columnar Ozone (TCO), total number concentration (NT) of near surface aerosols, mass concentration of black carbon (MB), aerosol mass loading (MT), and Global Solar Radiation. Based on these measured parameters, we present the results on the near-surface and columnar properties of atmospheric aerosols at Nainital.Comment: Published in the Proceedings of the ISRO-GBP Land-Campaign-II meeting, Physical Research Laboratory, Ahmadabad (Inida), March 200

Chiral phase transition of (2+1)-flavor QCD

We present here results on the determination of the critical temperature in the chiral limit for (2+1)-flavor QCD. We propose two novel estimators of the chiral critical temperature where quark mass dependence is strongly suppressed compared to the conventional estimator using pseudo-critical temperatures. We have used the HISQ/tree action for the numerical simulation with lattices with three different temporal extent $N_{\tau}=$6, 8, 12 and varied the aspect ratio over the range $4 \leq N_{\sigma}/N_{\tau} \leq 8$. To approach the chiral limit, the light quark mass has been decreased keeping the strange quark mass fixed at its physical value. Our simulations correspond to the range of pion masses, 55 MeV $\leq m_{\pi} \leq$ 160 MeV.Comment: Prepared for the proceedings of Quark Matter 201

Toward a unified theory of sparse dimensionality reduction in Euclidean space

Let $\Phi\in\mathbb{R}^{m\times n}$ be a sparse Johnson-Lindenstrauss transform [KN14] with $s$ non-zeroes per column. For a subset $T$ of the unit sphere, $\varepsilon\in(0,1/2)$ given, we study settings for $m,s$ required to ensure $$\mathop{\mathbb{E}}_\Phi \sup_{x\in T} \left|\|\Phi x\|_2^2 - 1 \right| < \varepsilon ,$$ i.e. so that $\Phi$ preserves the norm of every $x\in T$ simultaneously and multiplicatively up to $1+\varepsilon$. We introduce a new complexity parameter, which depends on the geometry of $T$, and show that it suffices to choose $s$ and $m$ such that this parameter is small. Our result is a sparse analog of Gordon's theorem, which was concerned with a dense $\Phi$ having i.i.d. Gaussian entries. We qualitatively unify several results related to the Johnson-Lindenstrauss lemma, subspace embeddings, and Fourier-based restricted isometries. Our work also implies new results in using the sparse Johnson-Lindenstrauss transform in numerical linear algebra, classical and model-based compressed sensing, manifold learning, and constrained least squares problems such as the Lasso

Financial Contagion and Market Liquidity: Evidence from the Asian Crisis

Models of financial crisis and contagion predict that an economic crisis turns into a crisis of market liquidity in the presence of borrowing constraints, information asymmetry and risk aversion. Based on the firm-level data on a sample of exposed and unexposed US stocks to the Asian currency crisis, we find a significant increase (decrease) in the crisis period bid-ask spreads (depth) and their volatilities for both the groups. While our results underscore the imprints of flight to quality, we detect little causal patterns in liquidity innovations. An important implication of our findings, as evidenced by the recent crisis, is that regulatory response to enhance liquidity during a crisis should not be limited to the industries and markets directly exposed to the crisis. Finally, we find that the deterioration in market liquidity provides a partial explanation for the crisis-induced abnormal returns