We study the thermoelectric effect in a small quantum dot with a magnetic impurity in the Coulomb blockade regime. The electrical conductance, thermal conductance, thermopower, and the thermoelectrical figure of merit (FOM) are calculated by using Green's function method. It is found that the peaks in the electrical conductance are split by the exchange coupling between the electron entering into the dot and the magnetic impurity inside the dot, accompanied by the decrease in the height of peaks. As a result, the resonances in the thermoelectric quantities, such as the thermal conductance, thermopower, and the FOM, are all split, opening some effective new working regions. Despite of the significant reduction in the height of the electrical conductance peaks induced by the exchange coupling, the values of the FOM and the thermopower can be as large as those in the case of zero exchange coupling. We also find that the thermoelectric efficiency, characterized by the magnitude of the FOM, can be enhanced by adjusting the left—right asymmetry of the electrode-dot coupling or by optimizing the system's temperature.
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