Magnetic reconnection: flares and coronal heating in Active Galactic   Nuclei
  A magnetically-structured accretion disk corona, generated by buoyancy instability in the disk, can account for observations of flare--like events in Active Galactic Nuclei. We examine how Petschek magnetic reconnection, associated with MHD turbulence, can result in a violent release of energy and heat the magnetically closed regions of the corona up to canonical X-ray emitting temperatures. X-ray magnetic flares, the after effect of the energy released in slow shocks, can account for the bulk of the X-ray luminosity from Seyfert galaxies and consistently explain the observed short-timescale variability. 
T. Di Matteo (IOA, Cambridge, UK)