Nanotechnology Now - Press Release: Nanotechnologies for the Energy Market 2009

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Abstract:
Nanotechnologies for the Energy Market 2009, looks at whether nanotechnology has in fact had a huge impact on the energy sector. If so, in what way, and if not, why hasn't it?

Cientifica CEO Tim Harper explained that "Since the beginning of the century we have heard repeatedly about how nanotechnologies will have a huge impact on the field of energy, but the hype about the potential impact of nanotechnologies has not been matched by real solutions."

Nanotechnologies for the Energy Market 2009

London, UK | Posted on June 17th, 2009

Cientifica's 2007 report dispelled the hype about how nanotechnology was going to make fuel cells for automobiles suddenly make sense and bring the price of solar energy generated electricity in line with that produced by fossil fuels. Instead it showed that greater energy efficiency through energy saving techniques such as better insulation and lighter vehicles was going to be the main impact area for nanotechnologies well into the foreseeable future.

But between January 2007 when the first edition was released and today witnessed a great upheaval in the energy sector. We saw oil prices skyrocket and then plummet back while all sorts of economic pronouncements were made such as how the economics of alternative energies had finally become detached from oil pricing, and the valuations of alternative energy companies went through the roof only to come crashing down again.

Now that the dust has settled, what have we learned and what impact will it all have on the dynamics between nanotechnologies and energy?

* How will changes in the current political landscape both in the US and internationally impact nanotechnology's development in energy applications?
* How has the freezing of credit markets affected the development of nanotechnologies for alternative energy sources for the near future
* Where does hydrogen fuel cell technology stand now?
* Will thin film organic solar cells ever be competitive without government subsidies?
* What business models work for a company trying to commercialize a nanotechnology in the energy sector?

These common sense questions are addressed in this new report as well as providing current market numbers and realistic projections over the next five years.

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For more information, please click here

Contacts:
Hailing Yu

Research Director
Cientifica Ltd.
7 Devonshire Square
Cutlers Gardens
London EC2M 4YH

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