Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > News > Oil industry buys time to perfect solar

April 26th, 2010

Oil industry buys time to perfect solar

Abstract:
"There are a trillion barrels of oil in the sands when you include what is possible with SAGD (steam assisted gravity drainage), since most of the deposits can't be mined from the surface. That is more oil than Saudi Arabia, but few people seem to understand what the sands represent, and how massive they are," said Sweeny, who is now on tour to publicize his book.

"So the sands give us time to perfect solar. And I think in 20 years solar energy will be huge."

Thanks to advances in nanotechnology, solar is getting better and better at converting the sun's energy into electricity.

"Right now the best solar is 15 per cent efficient. But with the advances being made, like coating the inside of nanotubes, many in the industry feel that number will be 85 per cent in 20 years, and that will change everything. The founders of Google are heavily into this, because they believe it has so much potential."

Source:
edmontonjournal.com

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Cryo-electron microscopy achieves unprecedented resolution using new computational methods March 25th, 2017

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

Possible Futures

Cryo-electron microscopy achieves unprecedented resolution using new computational methods March 25th, 2017

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Environment

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Pulverizing e-waste is green, clean -- and cold: Rice, Indian Institute researchers use cryo-mill to turn circuit boards into separated powders March 21st, 2017

Nanogate Expands Sustainability Management: Nanogate publishes a statement of compliance with the German Sustainability Code for the first time March 15th, 2017

Optical fingerprint can reveal pollutants in the air: Researchers at Chalmers University of Technology have proposed a new, sophisticated method of detecting molecules with sensors based on ultra-thin nanomaterials March 15th, 2017

Energy

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

Researchers develop groundbreaking process for creating ultra-selective separation membranes: Discovery could greatly improve energy-efficiency of separation and purification processes in the chemical and petrochemical industries March 15th, 2017

Solar/Photovoltaic

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

New nanofiber marks important step in next generation battery development March 14th, 2017

Perovskite edges can be tuned for optoelectronic performance: Layered 2D material improves efficiency for solar cells and LEDs March 10th, 2017

Strem Chemicals and Dotz Nano Ltd. Sign Distribution Agreement for Graphene Quantum Dots Collaboration February 21st, 2017

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