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Shifting currents: expert perspectives on the adoption of direct current in power grids
Publication . Ngirwa, Catherine; Reis, Diogo; Morais, Hugo; Pereira, Lucas; Ngirwa, Catherine
Utilization of renewable energy resources for energy generation brought significant attention to Direct Current (DC) technologies, as many of them produce and store electricity in DC. Compared to Alternating Current, the DC technologies, specifically in Medium-Voltage (MV) and Low-Voltage (LV), are in their infancy, leading to less data availability for decision-making. To inform early-phase technologies, experts are consulted through the structured Expert Elicitation (EE) method, though few have explored it in examining technical and non technical aspects of MVDC and LVDC technologies. Hence, in this paper, we present two EE studies on eleven (11) MVDC and LVDC technologies proposed in the Shift2DC research project — applicable for ports, buildings, industry, and data centers. We found that experts perceived the presented DC technologies as feasible and important. Among the most perceived concerns for DC technologies adoption are a lack of trained personnel, public awareness, and uncertainty in regulations to enforce the use of innovations. Experts proposed the need for educational strategies for the general public and a structured curriculum for training technicians in DC. In addition, experts envisioned enabling emerging technologies, such as digital twins and energy management systems, for DC system management.
A spatial augmented reality-based biofeedback platform for fitness assessment and intervention in older adults
Publication . Ahmad, Muhammad Asif; Ahmad, Muhammad Asif; Bermúdez i Badia, Sergi; Gouveia, Élvio Rúbio Quintal
In most countries around the world, the population of older adults exceeds that of younger individuals. The ageing population has become a global challenge and is causing an increase in chronic diseases and associated health problems. This age group has been associated with conditions such as reduced mobility, prolonged hospitalisations, elevated morbidity rates, and an increased incidence of falls. A sedentary lifestyle has been correlated with numerous health conditions, making it essential to promote innovative health and fitness programs that encourage physical activity. According to the American College of Sports Medicine (ACSM), individuals should engage in 30 minutes of moderate exercise, five days a week, or 20 minutes of vigorous exercise, three times a week. The rapid growth of Information and Communication Technology (ICT) tools has led to a decrease in physical activity, contributing to various health and fitness issues. Balance assessment tools are used to evaluate postural movements, the risk of falls, and balance impairments. Using virtual reality (VR) technology in conjunction with balanced assessment tools may enhance the ecological validity of the instruments, increase performance and standardisation, and reduce administration time. Moreover, combining immersive virtual reality (IVR) with physical exercise, or exergames, enhances motivation and personalises training, effectively preventing falls by improving strength and balance in older adults. While many exergames and simulation applications have been introduced to help people engage in physical activity, limitations exist in user interest, consistency, achievement, and technology, particularly when targeting older adults and populations with specific deficits. Exergames often lack adaptability to individual fitness profiles and high-fidelity immersive virtual environments. To address these limitations, we have created and validated a biofeedback based spatial augmented reality platform that assesses physical and physiological fitness, as well as balance, in older adults through targeted interventions designed to promote wellness and reduce the risk of falls. Target heart rates are evaluated according to ACSM recommendations. The platform also offers simulations of diverse environments and fitness opportunities tailored to meet the specific needs of various populations. We have implemented standard fitness procedures in a virtual environment to assess lower-body strength and cardiorespiratory endurance in older adults.
Semicondutores e geopolítica: o conflito Rússia-Ucrânia sob a ótica dos mercados
Publication . Sardinha, Luís Henrique Câmara; Martins, António Miguel Valente; Gouveia, Ricardo Nuno Teixeira
A presente dissertação analisa o impacto a curto prazo do início do conflito Rússia-Ucrânia nos retornos anormais das empresas da indústria dos semicondutores. Recorremos à metodologia de estudos de eventos para examinar uma amostra de 100 empresas, avaliando as variações nos preços dessas ações no período em torno do dia 24 de fevereiro de 2022 (início do conflito militar entre a Rússia e a Ucrânia). Os resultados indicam que, para a amostra completa, não se verificaram retornos anormais estatisticamente significativos. Contudo, ao dividir a amostra entre empresas europeias e não-europeias, observou-se que as empresas europeias registaram retornos anormais positivos e estatisticamente significativos, enquanto as empresas sediadas fora da Europa apresentaram resultados sem significância estatística. O teste para as diferenças de CARs entre essas duas subamostras confirma que as empresas europeias reagiram de forma distinta face às não-europeias, sugerindo que a localização geográfica desempenha um papel determinante na resposta ao conflito. A análise cross-section sugere ainda que certas características empresariais, como o ROA, Tobin_Q, percentagem de investidores institucionais e localização geográfica, influenciam a reação das empresas a choques geopolíticos. Esta dissertação contribui para a literatura ao colmatar a ausência de estudos sobre o impacto do conflito entre a Rússia e a Ucrânia na indústria dos semicondutores, uma indústria de elevada importância estratégica e económica. Trata-se do primeiro estudo a adotar uma abordagem quantitativa e a recorrer à metodologia de estudos de eventos para analisar este conflito neste contexto específico. Os resultados obtidos oferecem implicações significativas para investidores, gestores e decisores políticos, fornecendo uma visão aprofundada sobre a reação dos mercados a crises geopolíticas e destacando o papel das especificidades regionais e empresariais na formação dos retornos anormais
The impact of the crowdstrike incident in the stock market: an event study analysis for airlines
Publication . Costa, João Francisco Maciel; Martins, António Miguel Valente
This study investigates the short-term market effect of the CrowdStrike IT outage in the airline industry. Using an event study methodology, we provide evidence that airline stocks respond significantly negatively to the technology disruption within two days before and after the event day. IT disruptions create friction in daily operations—such as schedule disruptions, flight delays or cancellations, negative externalities, and customer dissatisfaction—ultimately leading to a loss of value for airlines. The results also show that the most affected airlines are those from main CrowdStrike customer’s countries (mainly non-Asian countries) and an irrelevance of the business model. Finally, the extent of the stock market’s response to the CrowdStrike IT outage is influenced by other airline characteristics such as profitability, size, leverage, and cyber risk rating.
Mechanisms of action of essential oils on enzymes relevant to insect and nematode development
Publication . Martins, Mariana Barreto; Castilho, Paula Cristina Machado Ferreira
Insects, such as the Mediterranean fruit fly (Medfly, Ceratitis capitata) and the armyworm (Mynthimna unipuncta), and nematodes, such as the root-knot nematode (RKN, Meloidogyne incognita) and the pine wood nematode (PWN, Bursaphelenchus xylophilus), are major agricultural pests. Botanical pesticides such as essential oils (EOs) have proven effective in controlling agricultural pests due to their repellent, anti-feeding properties, etc. Therefore, the objective of this study was to evaluate the potential of aromatic plants in controlling the pests C. capitata, M. unipuncta, M. incognita, and B. xylophilus by studying their mechanisms of action on the neural and digestive enzymes. This study focused on the EOs of Origanum vulgare, Thymus vulgaris, Ocimum gratissimum, Mentha pulegium, and Cinnamomum cassia, mainly composed of carvacrol, thymol, eugenol, pulegone, and trans-cinnamaldehyde, respectively, as several studies have mentioned their insecticidal and/or nematicidal effects. Theirinteractions with enzymes relevant to insect and nematode development, namely acetylcholinesterase (AChE), α- and β-glucosidase, were investigated using crude enzyme extracts obtained from the selected species. Enzyme activity and soluble protein content were quantified using standard assays, and SDS-PAGE was performed to attempt protein identification. In vitro inhibition assays with the EOs and their major components were then conducted to assess inhibitory activity and provide insights into potential mechanisms of action. The results revealed that all tested EOs inhibited AChE but had no effect on the digestive enzymes. Among the EOs studied, M. pulegium EO showed the strongest inhibition of AChE in both Medfly (IC50 = 0.022 mg/mL) and PWN (IC50 = 0.1209 mg/mL). C. cassia EO was particularly effective against armyworm (IC₅₀ = 0.0020 mg/mL) and RKN (IC₅₀ = 0.0197 mg/mL). These findings suggest that these EOs primarily exert their toxic effects through interference with the nervous system, supporting their potential as sustainable alternatives to synthetic pesticides in environmentally friendly pest management.