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At least 19 records

Do energy costs really affect commercial mortgage default risk? New results and implications for energy efficiency investments [PowerPoint]

This paper presents new results on the link between energy factors and commercial mortgage default. First, we summarize results from an empirical analysis of the impact of source energy use intensity (EUI) and electricity prices on mortgage default. We used a unique data set that merges building-level energy use data from city benchmarking ordinances and financial data for commercial mortgages on the same buildings. We found that building source EUI and electricity price are statistically and economically associated with commercial mortgage defaults. Next, we present five case studies on the impact of energy use and price variations on default risk: three office buildings, a hotel, and a multi-family residential building. We use the empirical model coefficients to compute the default risk impacts due to variations in source EUI and electricity price over the course of the mortgage term. We found that variations in source EUI could raise or lower the default rates in these properties by between 5% and 40%, depending on the property type and geography. Electricity pricing has an even greater effect – roughly 60% change in default rate in the Denver area and nearly 90% in northern California. Finally, we propose an energy risk score that lenders can use to assess energy risk and inform mortgage terms. The score is being developed and piloted in collaboration with three mortgage lenders. We conclude with implications of this score as a market signal and mechanism for incentivizing energy efficiency investments through the commercial mortgage channel.

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗

Default Effects And Follow-On Behaviour: Evidence From An Electricity Pricing Program

We study default effects in the context of a residential electricity-pricing program. In the large-scale randomized controlled trial we analyse, one treatment group was given the option to opt-in to time-varying pricing while another was defaulted into the program but allowed to opt-out. We provide dramatic evidence of a default effect on program participation, consistent with previous research. A novel feature of our study is that we also observe how the default manipulation impacts customers’ subsequent electricity consumption. Passive consumers who did not opt-out but would not have opted in-comprising more than 70$\%$ of the sample-nonetheless reduce consumption in response to higher prices. Observing of this follow-on behaviour enables us to assess competing explanations for the default effect. We draw conclusions about the likely welfare effects of defaulting customers onto time-varying pricing.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DeFault: DEep‐Learning‐Based FAULT Delineation Using the IBDP Passive Seismic Data at the Decatur CO2 Storage Site

Abstract The carbon capture, utilization, and storage (CCUS) framework is an essential component in reducing greenhouse gas emissions, with its success hinging on the comprehensive knowledge of subsurface geology and geomechanics. Passive seismic event relocation and fault detection offer vital insights into subsurface structures and the ability to monitor fluid migration pathways. Accurate identification and localization of seismic events, however, face significant challenges, including the necessity for high‐quality seismic data and advanced computational methods. To address these challenges, we introduce a novel deep learning method, , specifically designed for passive seismic source relocation and fault delineating for passive seismic monitoring projects. By leveraging data domain‐adaptation, allows us to train a neural network with labeled synthetic data and apply it directly to field data. Using , the passive seismic sources are automatically clustered based on their recording time and spatial locations, and subsequently, faults and fractures are delineated accordingly. We demonstrate the efficacy of on a field case study involving injection related microseismic data from Decatur, Illinois area. Our approach accurately and efficiently relocated passive seismic events, identified faults and could aid in potential damage induced by seismicity. Our results highlight the potential of as a valuable tool for passive seismic monitoring, emphasizing its role in ensuring CCUS project safety. This research bolsters the understanding of subsurface characterization in CCUS, illustrating machine learning’s capacity to refine these methods. Ultimately, our work has significant implications for CCUS technology deployment, an essential strategy in combating climate change. Plain Language Summary In our quest to tackle climate change, we use a strategy known as carbon capture, utilization, and storage (CCUS) to keep greenhouse gases out of the atmosphere. This strategy relies heavily on our ability to understand what's happening deep under the earth's surface. To make sure we store super critical safely, we need to accurately map out the geological structure, especially faults, but this is tough without high‐quality data and complex computer programs. We've developed a new tool called “DeFault,” which uses advanced machine learning to improve how we find and map these underground features. “DeFault” is smart enough to learn from numerically simulated data and then apply what it’s learned to real‐world situations. It groups together seismic activity—tiny tremors and shifts in the earth—based on when and where they happen, which helps us spot where there might be cracks or faults. We tested “DeFault” in Illinois, where CO 2 is injected underground, and it successfully pinpointed where these tremors occurred and mapped out the faults, helping to prevent accidents accurately in the future. Our study shows that “DeFault” will be a powerful ally in making CCUS safer and more effective, especially for the Illinois Basin Decatur Project. Key Points Faults and fractures introduced by carbon storage can be monitored by passive seismicity DeFault algorithm enables an automatic process for accurate and efficient passive seismic event locating and clustering

58 GEOSCIENCES↗

A New Default Colormap for ParaView

ParaView is one of the most prominent software tools for scientific visualization used by scientists around the world. Color is a primary conduit to visually map data to its representation and, thus, enable investigation and interpretation of the data. Colormap selection has a significant impact on the data revealed; its design and selection is a critical aspect of scientific data visualization. A common choice for a user is the program’s default colormap, so careful consideration of this default is consequential. Although the current default colormap in ParaView, a succession of hues from cool blue to warm red, has served the community well, research shows that more nuanced colormap configurations increase discriminability while maintaining other critical metrics. These findings inspire us to revisit and update the default colors in ParaView. Here, in this study, we present a new ParaView default colormap, the criteria and methods of development, and example visualizations and analytic metrics.

97 MATHEMATICS AND COMPUTING↗

Comparing Measured Driver Behavior Distributions to Results from Car-Following Models using SUMO and Real-World Vehicle Trajectories from Radar: SUMO Default vs. Radar-Measured CF model Parameters

In this study, the physical principles governing car-following (CF) behavior and their impact on traffic flow at signalized intersections are investigated. High temporal-resolution radar data is used to provide valuable insights into actual CF behavior, including acceleration, deceleration, and time headway distribution. Demand-calibrated SUMO simulations are run using empirical CF parameter distributions, and three CF models are evaluated: IDM, EIDM, and Krauss. By emulating radar data in SUMO and processing simulated vehicle traces, discrepancies between empirical and simulated parameter distributions are identified. Further analysis includes comparisons with default SUMO CF model parameters. The findings reveal that measured accelerations differ from CF model parameter accelerations and using the empirical value ($\mu = 0.89m/s^2$) leads to unrealistic simulations that fail volume-based calibration. Default parameters for all three models reasonably approximate the mean and median of measured parameters, but fail to capture the true distribution shape, partly due to homogeneity when using default parameters. The results show that it is more effective to simulate with the default parameters provided by SUMO rather than using measurements of real-world distributions without additional calibration. Future work will investigate closing the loop between the measured real-world and SUMO distributions using traditional calibration tactics, as well as assess the impact of calibrated vs. default CF parameters on simulation outputs like fuel consumption.

Schrader, Max (ORCID:0000000336737672)↗

Local Risk-Minimization for Defaultable Claims with Recovery Process

We study the local risk-minimization approach for defaultable claims with random recovery at default time, seen as payment streams on the random interval [0,{tau} Logical-And T], where T denotes the fixed time-horizon. We find the pseudo-locally risk-minimizing strategy in the case when the agent information takes into account the possibility of a default event (local risk-minimization with G-strategies) and we provide an application in the case of a corporate bond. We also discuss the problem of finding a pseudo-locally risk-minimizing strategy if we suppose the agent obtains her information only by observing the non-defaultable assets.

97 MATHEMATICS AND COMPUTING↗

Modelling default and likelihood reasoning as probabilistic reasoning

A probabilistic analysis of plausible reasoning about defaults and about likelihood is presented. Likely and by default are in fact treated as duals in the same sense as possibility and necessity. To model these four forms probabilistically, a qualitative default probabilistic (QDP) logic and its quantitative counterpart DP are derived that allow qualitative and corresponding quantitative reasoning. Consistency and consequent results for subsets of the logics are given that require at most a quadratic number of satisfiability tests in the underlying propositional logic. The quantitative logic shows how to track the propagation error inherent in these reasoning forms. The methodology and sound framework of the system highlights their approximate nature, the dualities, and the need for complementary reasoning about relevance.

Buntine, Wray↗

Battle of the Defaults: Extracting Performance Characteristics of HDF5 under Production Load

Popular parallel I/O libraries, such as HDF5, provide tuning parameters to obtain superior performance. However, the selection of effective parameters on production systems is complex due to the interdependence of I/O software and file system layers. Hence, application developers typically use the default parameters and often experience poor I/O performance. This work conducts a benchmarking-based analysis on the HDF5 behaviors with a wide variety of I/O patterns to extract performance characteristics under the production workload. To make the analysis well controlled, we exercise I/O benchmarks on POSIX-IO, MPI-IO, and HDF5 using the same I/O patterns and in the same jobs. To address high performance variability in production environments, we repeat the benchmarks across I/O patterns, storage devices, and time intervals. Based on the results, we identified consistent HDF5 behaviors that appropriate configurations and operations on dataset layout and file-metadata placement can improve performance significantly. We apply our findings and evaluate the tuned I/O library on two supercomputers: Summit and Cori. The results show that our tuned parameters can achieve more than 10× I/O performance speedup than that with default parameters on both systems, suggesting the effectiveness, stability, and generality of our solution.

Xie, Bing↗

Multimodal Imaging of Alzheimer Pathophysiology in the Brain's Default Mode Network

The spatial correlations between the brain's default mode network (DMN) and the brain regions known to develop pathophysiology in Alzheimer's disease (AD) have recently attracted much attention. In this paper, we compare results of different functional and structural imaging modalities, including MRI and PET, and highlight different patterns of anomalies observed within the DMN. Multitracer PET imaging in subjects with and without dementia has demonstrated that [C-11]PIB- and [F-18]FDDNP-binding patterns in patients with AD overlap within nodes of the brain's default network including the prefrontal, lateral parietal, lateral temporal, and posterior cingulate cortices, with the exception of the medial temporal cortex (especially, the hippocampus) where significant discrepancy between increased [F-18]FDDNP binding and negligible [C-11]PIB-binding was observed. [F-18]FDDNP binding in the medial temporal cortex—a key constituent of the DMN—coincides with both the presence of amyloid and tau pathology, and also with cortical areas with maximal atrophy as demonstrated by T1-weighted MR imaging of AD patients.

Shin, Jonghan↗

Analyzing spacecraft configurations through specialization and default reasoning

For an intelligent system to describe a real-world situation using as few statements as possible, it is necessary to make inferences based on observed data and to incorporate general knowledge of the reasoning domain into the description. These reasoning processes must reduce several levels of specific descriptions into only those few that most precisely describe the situation. Moreover, the system must be able to generate descriptions in the absence of data, as instructed by certain rules of inference. The deductions applied by the system, then, generate a high-level description from the low-level evidence provided by the real and default data sources. An implementation of these ideas in a real-world situation is described. The application concerns evaluation of Space Shuttle electromechanical system configurations by console operators in the Mission Control Center. A production system provides the reasoning mechanism through which the default assignments and specializations occur. Examples are provided within this domain for each type of inference, and the suitability is discussed of each toward achieving the goal of describing a situation in the fewest statements possible. Finally, several enhancements are suggested that will further increase the intelligence of similar spacecraft monitoring applications.

Barry, Matthew R.↗

Modelling default and likelihood reasoning as probabilistic

A probabilistic analysis of plausible reasoning about defaults and about likelihood is presented. 'Likely' and 'by default' are in fact treated as duals in the same sense as 'possibility' and 'necessity'. To model these four forms probabilistically, a logic QDP and its quantitative counterpart DP are derived that allow qualitative and corresponding quantitative reasoning. Consistency and consequence results for subsets of the logics are given that require at most a quadratic number of satisfiability tests in the underlying propositional logic. The quantitative logic shows how to track the propagation error inherent in these reasoning forms. The methodology and sound framework of the system highlights their approximate nature, the dualities, and the need for complementary reasoning about relevance.

Buntine, Wray↗

Energy Cost and its Impact on Commercial Mortgage Default Rates

This document summarizes a study by Lawrence Berkeley National Lab and the University of California's Haas School of Business about energy cost and its impact on commercial mortgage default rates, with information about the impact of energy risk on mortgage pricing and the development of an energy risk metric.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

A new default restraint library for the protein backbone in Phenix : a conformation-dependent geometry goes mainstream

Chemical restraints are a fundamental part of crystallographic protein structure refinement. In response to mounting evidence that conventional restraints have shortcomings, it has previously been documented that using backbone restraints that depend on the protein backbone conformation helps to address these shortcomings and improves the performance of refinements [Moriarty et al. (2014), FEBS J. 281 , 4061–4071]. It is important that these improvements be made available to all in the protein crystallography community. Toward this end, a change in the default geometry library used by Phenix is described here. Tests are presented showing that this change will not generate increased numbers of outliers during validation, or deposition in the Protein Data Bank, during the transition period in which some validation tools still use the conventional restraint libraries.

59 BASIC BIOLOGICAL SCIENCES↗

Thinking Beyond the Default User: The Impact of Gender, Stereotypes, and Modality on Interpretation of User Needs

Throughout the mechanical design process, designers, the majority of whom are men, often fail to consider the needs of women, resulting in consequences ranging from inconvenience to increased risk of serious injury or death. Although these biases are well studied in other fields of research, the mechanical design field lacks formal investigation into this phenomenon. In this study, engineering students (n = 301) took a survey in which they read a Persona describing a student makerspace user and a Walkthrough describing the user’s interaction with the makerspace while completing a project. During the Walkthrough, the user encountered various obstacles or Pain Points. Participants were asked to recall and evaluate the Pain Points that the user encountered and then evaluated their perceptions of the makerspace and user. Furthermore, the independent variables under investigation were the gender of the user Persona (woman, gender-neutral, or man), the Walkthrough room case (crafting or woodworking makerspace), and the modality of the Persona and Walkthrough (text- or audio-based). Results showed that participants from the Text-based modality were better able to recall Pain Points compared to participants from the Audio-based modality. Pain Points were assessed as more severe when they impacted women users, potentially stemming from protective paternalism. In addition to finding that the gender of a user impacted the way a task environment was perceived, results confirmed the presence of androcentrism, or “default man” assumptions, in the way designers view end users of unknown gender. Promisingly, providing user Persona information in an audio modality significantly reduced this bias compared to text-based modalities, indicating that providing richer detail in user personas has the capability to reduce gender bias in designers.

cognitive-based design↗

SU-E-J-36: Comparison of CBCT Image Quality for Manufacturer Default Imaging Modes

Purpose CBCT is being increasingly used in patient setup for radiotherapy. Often the manufacturer default scan modes are used for performing these CBCT scans with the assumption that they are the best options. To quantitatively assess the image quality of these scan modes, all of the scan modes were tested as well as options with the reconstruction algorithm. Methods A CatPhan 504 phantom was scanned on a TrueBeam Linear Accelerator using the manufacturer scan modes (FSRT Head, Head, Image Gently, Pelvis, Pelvis Obese, Spotlight, & Thorax). The Head mode scan was then reconstructed multiple times with all filter options (Smooth, Standard, Sharp, & Ultra Sharp) and all Ring Suppression options (Disabled, Weak, Medium, & Strong). An open source ImageJ tool was created for analyzing the CatPhan 504 images. Results The MTF curve was primarily dictated by the voxel size and the filter used in the reconstruction algorithm. The filters also impact the image noise. The CNR was worst for the Image Gently mode, followed by FSRT Head and Head. The sharper the filter, the worse the CNR. HU varied significantly between scan modes. Pelvis Obese had lower than expected HU values than most while the Image Gently mode had higher than expected HU values. If a therapist tried to use preset window and level settings, they would not show the desired tissue for some scan modes. Conclusion Knowing the image quality of the set scan modes, will enable users to better optimize their setup CBCT. Evaluation of the scan mode image quality could improve setup efficiency and lead to better treatment outcomes.

60 APPLIED LIFE SCIENCES↗

FRMAC Assessment Manual Volume 3 - Pre-Assessed Default Scenarios

This volume of the Federal Radiological Monitoring and Assessment Center (FRMAC) Assessment Manual was developed to serve as a quick-start guide to expedite response for pre-assessed scenarios before event-specific information becomes available. The objective of Volume 3 is to provide dose assessors with the scenario-specific protective action guidance questions likely to be asked at the start of a response, along with supporting technical information and assumptions that differ from the default assumptions defined in Volume 2 of the Assessment Manual.

61 RADIATION PROTECTION AND DOSIMETRY↗

Observer properties for understanding dynamical displays: Capacities, limitations, and defaults

People's ability to extract relevant information while viewing ongoing events is discussed in terms of human capabilities, limitations, and defaults. A taxonomy of event complexity is developed which predicts which dynamical events people can and cannot construe. This taxonomy is related to the distinction drawn in classical mechanics between particle and extended body motions. People's commonsense understandings of simple mechanical systems are impacted little by formal training, but rather reflect heuristical simplifications that focus on a single dimension of perceived dynamical relevance.

Proffitt, Dennis R.↗