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James Stafford

James Stafford

James Stafford is the Editor of Oilprice.com

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Nanotechnology: When Smaller is Bigger and Less is More

It’s time to dig below the surface for good energy investments—way below the surface. The future of energy will be shaped in large part by new technology, the heart of which is very, very small. This is the Nano-heart, and Nano-technology companies with their eye on the energy industry are shaping up to become an investor’s paradise.    

From improving solar cell efficiency to making the lighting solutions of the coming century, Nano-technology will be behind it all.

What IS Nano Technology?

Nanotechnology is any technology that contains components smaller than 100 nanometers, which is about the width of a single virus particle. Scientists have been developing energy applications for nanotechnology for about 30 years.

Likewise, in relation to the energy industry, nanofabrication is the process of technological design on the “Nanoscale”, and it is this that will revolutionize the energy industry in the long term. This technology allows us to invent new and improved ways to capture energy as well as to store it and transfer it.

While nanotechnology is already playing a key role in the development of new consumer products from efficient lighting to more efficient heating and better batteries, its potential is far greater. Utility companies will benefit the soonest from nanotechnology, where developments will eventually mean greater electrical storage capacity and less pollution. 

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