Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Nanotechnology for Sustainability: Key Opportunities for Energy Saving, Few for New Energy Generation

Abstract:
The increasing desire for energy independence in the face of growing global competition for oil, Middle Eastern political instability and concerns over carbon emissions is causing many energy companies to look for technological solutions.

Nanotechnology for Sustainability: Key Opportunities for Energy Saving, Few for New Energy Generation

London, UK | Posted on February 22nd, 2007

A new report from Cientifica, "Nanotechnologies for the Energy Markets" indicates that the primary impact of nanotechnologies will be in more efficient use of existing resources rather than the creation of new supplies from solar and hydrogen based technologies.

Using a new economic model based on primary research that quantifies the impact and diffusion of nanotechnologies over time, allowing accurate quantification of market impacts the report concludes that

* The most immediate opportunities lie in saving energy through the use of advanced materials and this is already a $1.6 billion dollar market, predicted to rise to$ 51 billion by 2014
* Despite advances in battery technology, hydrogen storage and fuel cells, energy saving technologies will exhibit faster growth, accounting for 75% of the market for nanotechnologies in 2014, up from 62% in 2007
* The adoption of energy generation technologies is highly sensitive to geopolitical factors and consumer acceptance, while energy saving technologies exhibit no such problems
* Solid state lighting, nanocomposite materials, aerogels and fuel borne catalysts will have the greatest impact between now and 2014
* Compound annual growth rates are 64% for energy saving technologies and 90% for energy generation, while energy storage applications show a comparatively lowly 30%.
* Applications in transportation will increase to $50 billion by 2014 with a CAGR of 72%

Cientifica CEO Tim Harper commented "by 2014, 75% of the applications of nanotechnology surveyed will be in the transportation sector, with the major benefits being reduced emissions and greater drive train efficiency."

Cientifica research director Hailing Yu added "the use of nanomaterials to increase energy efficiency represents a major global opportunity. While nanotechnologies will definitely play a role in the creation of renewable energy resources, the smart money today is on nanomaterials."

The 200-page report also provides a comprehensive look at all energy related applications of nanotechnologies with full technology and company listings and is available immediately to Cientifica clients from http://www.Cientifica.com .

####

About Cientifica
Científica is the world's largest and best established nanotechnology information and consultancy company. With a global network of partners, Cientifica provides information and research to thousands of clients worldwide. Cientifica analysts look beyond the hype and behind the numbers to provide relevant and focussed business intelligence.

For more information, please click here

Contacts:
Cientifica
Tim Harper
+44 7894 70 89 89

Copyright © Business Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Materials/Metamaterials

Nanocatalysts improve processes for the petrochemical industry August 28th, 2015

Successful boron-doping of graphene nanoribbon August 27th, 2015

Developing Component Scale Composites Using Nanocarbons August 26th, 2015

Quantum diffraction at a breath of nothing: Physicists build stable diffraction structure in atomically thin graphene August 25th, 2015

Announcements

Small but heading for the big time: Nanobiotix half year results for the six months ended 30 June 2015, in line with expectations: Major clinical achievements and corporate developments August 28th, 2015

A new technique to make drugs more soluble August 28th, 2015

Nanocatalysts improve processes for the petrochemical industry August 28th, 2015

Nanolab Technologies LEAPS Forward with High-Performance Analysis Services to the World: Nanolab Orders Advanced Local Electrode Atom Probe (LEAP®) Microscope from CAMECA Unit of AMETEK Materials Analysis Division August 27th, 2015

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

A new technique to make drugs more soluble August 28th, 2015

CWRU researchers efficiently charge a lithium-ion battery with solar cell: Coupling with perovskite solar cell holds potential for cleaner cars and more August 27th, 2015

Successful boron-doping of graphene nanoribbon August 27th, 2015

Researchers combine disciplines, computational programs to determine atomic structure August 26th, 2015

Energy

Nanocatalysts improve processes for the petrochemical industry August 28th, 2015

Nanotechnology that will impact the Security & Defense sectors to be discussed at NanoSD2015 conference August 25th, 2015

Industrial Nanotech, Inc. Provides Update On Hospital Project, PCAOB Audit, and New Heat Shield™ Line August 24th, 2015

Novel nanostructures for efficient long-range energy transport August 21st, 2015

Automotive/Transportation

CWRU researchers efficiently charge a lithium-ion battery with solar cell: Coupling with perovskite solar cell holds potential for cleaner cars and more August 27th, 2015

Lehigh University-DuPont tribology research seeks to reduce wear and waste August 13th, 2015

Flexible dielectric polymer can stand the heat August 6th, 2015

Sol-gel capacitor dielectric offers record-high energy storage July 30th, 2015

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic