A conducting wire of parabolic shape, initially y = x2, is moving with velocity $v = {v_0}\widehat i in a non-uniform magnetic field B = {B_0}\left( {1 + {{\left( {{y \over L}} \right)}^\beta }} \right)\widehat k, as shown in figure. If V0, B0, L and \beta are positive constants and \Delta \phi $ is the potential difference developed between the ends of the wire, then the correct statement(s) is/are