Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

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

Aculon Hires New Business Development Director December 19th, 2014

ORNL microscopy pencils patterns in polymers at the nanoscale December 17th, 2014

Pb islands in a sea of graphene magnetise the material of the future December 16th, 2014

Graphene Applied in Production of Recyclable Electrodes December 13th, 2014

Announcements

New non-invasive method can detect Alzheimer's disease early: MRI probe technology shows brain toxins in living animals for first time December 22nd, 2014

Piezoelectricity in a 2-D semiconductor: Berkeley Lab researchers discovery of piezoelectricty in molybdenum disulfide holds promise for future MEMS December 22nd, 2014

Quantum physics just got less complicated December 22nd, 2014

Enzyme Biosensor Used for Rapid Measurement of Drug December 22nd, 2014

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

New non-invasive method can detect Alzheimer's disease early: MRI probe technology shows brain toxins in living animals for first time December 22nd, 2014

Piezoelectricity in a 2-D semiconductor: Berkeley Lab researchers discovery of piezoelectricty in molybdenum disulfide holds promise for future MEMS December 22nd, 2014

Quantum physics just got less complicated December 22nd, 2014

Enzyme Biosensor Used for Rapid Measurement of Drug December 22nd, 2014

Energy

Oregon researchers glimpse pathway of sunlight to electricity: Collaboration with Lund University uses modified UO spectroscopy equipment to study 'maze' of connections in photoactive quantum dots December 19th, 2014

How does enzymatic pretreatment affect the nanostructure and reaction space of lignocellulosic biomass? December 18th, 2014

Iranian Scientists Use Nanotechnology to Increase Power, Energy of Supercapacitors December 18th, 2014

Lifeboat Foundation gives 2014 Guardian Award to Elon Musk December 16th, 2014

Automotive/Transportation

Lifeboat Foundation gives 2014 Guardian Award to Elon Musk December 16th, 2014

The gold standard December 9th, 2014

Nanocatalysts Can Reduce Pollution Caused by Diesel Engines December 4th, 2014

NEI introduces NANOMYTE® SuperAi, a Durable Anti-ice Coating December 4th, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE