Publications related to Real options valuation of fusion energy R&D programme

How Integrated are Credit and Equity Markets? Evidence from Index Options

Pierre Collin Dufresne, Jan Benjamin Junge

We study the extent to which credit index (CDX) options are priced consistent with S&P 500 (SPX) equity index options. We derive analytical expressions for CDX and SPX options within a structural credit-risk model with stochastic volatility and jumps using ...

Wiley2024

Nonlinear simulation of plasma turbulence using a gyrokinetic moment-based approach

Antoine Cyril David Hoffmann

Plasma turbulence plays a fundamental role in determining the performances of magnetic confinement fusion devices, such as tokamaks. Advances in computer science, combined with the development of efficient physical models, have significantly improved our u ...

EPFL2024

Global fluid simulations of plasma turbulence in stellarators

António João Caeiro Heitor Coelho

In order to cope with the decarbonization challenge faced by many countries, fusion is one of the few alternatives to fossil fuels for the production of electricity. Two devices invented in the middle of the previous century have emerged as the most promis ...

EPFL2024

Machine Learning for Modeling Stock Returns

Teng Andrea Xu

Throughout history, the pace of knowledge and information sharing has evolved into an unthinkable speed and media. At the end of the XVII century, in Europe, the ideas that would shape the "Age of Enlightenment" were slowly being developed in coffeehouses, ...

EPFL2024

Long plasma duration operation analyses with an international multi-machine (tokamaks and stellarators) database

Stefano Coda, Jeffrey Huang

Combined high-fusion performance and long-pulse operation is one of the key integration challenges for fusion energy development in magnetic devices. Addressing these challenges requires an integrated vision of physics and engineering aspects with the purp ...

IOP Publishing Ltd2024

Tangentially viewing phase contrast imaging for turbulence measurements in toroidal fusion devices

Stefano Coda

Phase contrast imaging (PCI) is an established and powerful technique for measuring density fluctuations in plasmas and has been successfully applied to several fusion devices. Rooted in a concept first developed for microscopy, PCI belongs to the category ...

2024

Models implemented in the methodological approach to design the initial STEP first wall contour

Kevin Henricus Annemarie Verhaegh, Dario Vaccaro, Filippo Bagnato, Davide Galassi

The official Spherical Tokamak for Energy Production mission aims to demonstrate the ability to generate net electricity from fusion with the STEP Prototype Power plant. One of the key technological and engineering challenges in fusion power plants is mana ...

Elsevier Science Sa2024

Divertor turbulence characterisation using Gas Puff Imaging in the TCV tokamak

Curdin Tobias Wüthrich

The performance of magnetic confinement fusion devices, such as tokamaks, is strongly correlated to the phenomena that occur in the boundary region of the plasma core that faces the wall of the device. The dominant cross-field transport mechanisms from the ...

EPFL2024

Fly-Swat or Cannon? Cost-Effective Language Model Choice via Meta-Modeling

Maxime Jean Julien Peyrard, Robert West, Marija Sakota

Generative language models (LMs) have become omnipresent across data science. For a wide variety of tasks, inputs can be phrased as natural language prompts for an LM, from whose output the solution can then be extracted. LM performance has consistently be ...

Assoc Computing Machinery2024

Overview of fast particle experiments in the first MAST Upgrade experimental campaigns

Matteo Vallar

MAST-U is equipped with on-axis and off-axis neutral beam injectors (NBI), and these external sources of super-Alfv & eacute;nic deuterium fast-ions provide opportunities for studying a wide range of phenomena relevant to the physics of alpha-particles in ...

IOP Publishing Ltd2024

Experimental study and interpretative modelling of the Power Exhaust in Configurations with Multiple X-Points in TCV

Sophie Danielle Angelica Gorno

Nuclear fusion presents a promising clean energy source to mitigate future energy crises, with magnetic confinement fusion well-positioned to provide a baseload scenario to power future reactors. The unmitigated power exhaust of such reactors threatens its ...

EPFL2024

CO2 Capture and Management Strategies for Decarbonizing Secondary Aluminium Production

François Maréchal, Daniel Alexander Florez Orrego, Meire Ellen Gorete Ribeiro Domingos, Réginald Germanier

The production of aluminium largely depends on the use of fossil fuels, resulting in the emission of significant amounts of greenhouse gases. As the aluminium industry is working towards decreasing its environmental burdens, the elimination of direct emiss ...

2024

Error field detection and correction studies towards ITER operation

Olivier Sauter, Leonardo Pigatto, Bernhard Sieglin

In magnetic fusion devices, error field (EF) sources, spurious magnetic field perturbations, need to be identified and corrected for safe and stable (disruption-free) tokamak operation. Within Work Package Tokamak Exploitation RT04, a series of studies hav ...

IOP Publishing Ltd2024

Re-design of EU DEMO with a low aspect ratio

Hartmut Zohm

The design point that had been chosen for EU DEMO in 2016 is reviewed here and a modification is proposed with a lower aspect ratio. Previously the same aspect ratio, A, was chosen for EU DEMO as in major tokamak experiments including ITER (A = 3.1), and, ...

2024

Progress in the development of the ITER baseline scenario in TCV

Olivier Sauter, Stefano Coda, Alexander Karpushov, Yann Camenen, Benoît Labit, Antoine Pierre Emmanuel Alexis Merle, Olivier Claude Martin Février, Simon Van Mulders, Filippo Bagnato, Alessandro Pau, Matteo Vallar, Cassandre Ekta Contré, Stefano Marchioni, Oleg Krutkin, Reinart Andreas J. Coosemans

Under the auspices of EUROfusion, the ITER baseline (IBL) scenario has been jointly investigated on AUG and TCV in the past years and this paper reports on the developments on TCV. It is found that the performance of TCV IBL is mainly limited by (neoclassi ...

2024

Interpretative 3D MHD modelling of deuterium SPI into a JET H-mode plasma

Umar Sheikh, Mengdi Kong, Cristian Sommariva, Haomin Sun

The pre-thermal quench (pre-TQ) dynamics of a pure deuterium ( D 2 ) shattered pellet injection (SPI) into a 3 MA / 7 MJ JET H-mode plasma is studied via 3D non-linear MHD modelling with the JOREK code. The interpretative modelling captures the overall evo ...

IOP Publishing Ltd2024

Spatial Modeling for Building Design Evaluation: from Visual Landscape Quality Assessment to Devaluation Risk Estimation

Adam Robert Swietek

Zoning reform is a crucial tool for cities to adapt to contemporary challenges. However, its implementation remains challenging. Property owners, with a vested interest in the value of their neighborhoods, are sensitive to local developments and the potent ...

EPFL2024

Multimodal fusion of liquid biopsy and CT enhances differential diagnosis of early-stage lung adenocarcinoma

Jun Lu, Hua Zhong, Li Zhang, Yunhua Zhang, Jiancheng Yang

This research explores the potential of multimodal fusion for the differential diagnosis of early-stage lung adenocarcinoma (LUAD) (tumor sizes < 2 cm). It combines liquid biopsy biomarkers, specifically extracellular vesicle long RNA (evlRNA) and the comp ...

Nature Portfolio2024

Demonstration of a sparse sensor placement technique to the limited diagnostic set in a fusion power plant

Lorenzo Martinelli, Artur Perek

DEMO will have a limited diagnostic set for optimization of reactor performance, and limited diagnostic coverage due to challenging reactor conditions. This poses challenges for control, especially for detachment control which is planned to be performed wi ...

Elsevier Science Sa2024

Closed form approximation methods for portfolio valuation and risk management

Lotfi Boudabsa

In this thesis we present three closed form approximation methods for portfolio valuation and risk management. The first chapter is titled ``Kernel methods for portfolio valuation and risk management'', and is a joint work with Damir Filipovi'c (SFI and ...

EPFL2023