Tuesday, August 31, 2010
Medical nanotech could find unconventional oil - tech - 30 August 2010 - New Scientist
Medical nanotech could find unconventional oil - tech - 30 August 2010 - New Scientist: "THE oil industry, operating on a gigantic scale, might seem at first sight to have little to learn from the intricacies of medical diagnosis and therapies. Yet nanotechnology developed for medical applications could form a model for ways of exploiting oil reserves that conventional methods cannot reach."
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Vulvox's latest innovation will enable energy storage of intermittent photovoltaic and wind power. Highly efficient systems are desired by the renewable power industry and government smart grid programs. The patent pending Vulvox system is expected to cost 7.69% as much as pumped hydroelectric storage and it can store electric energy and regenerate it with up to 93% efficiency. If fully implemented by 2030 the Department Of Energy says it will save 4%-7% of all energy produced.
ReplyDeleteAccording to a Lux research report released May 29, 2008-
"Bulk energy storage for utilities – shifting large amounts of energy from excess production times to peak usage times – presents the biggest potential opportunity of all markets studied: If even 10% of installed wind power plants adopted large-scale energy storage, the market would hit $50 billion."
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