• 8 hours API Inventory Data (Tuesdays)
  • 6 hours McDonald's Sets Greenhouse Gas Reduction Targets
  • 10 hours Surprise! Aramco Scraps International Listing Plans
  • 11 hours Trump Bans Venezuelan National Cryptocurrency
  • 6 hours Why Are Investors Ignoring China's Oil Giant?
  • 4 hours S&P 500 companies expected to buy back $800 billion of their own shares
  • 10 hours Self-Driving Cars' First Fatality
  • 9 hours New Rules to Phase Out Coal and Reduce Natural Gas in Canada
  • 10 hours Why Is The EU Spending Billions On A Gas Pipeline If It Wants To Fight Climate Change?
  • 10 hours The Facebook/Cambridge Analytica Scandal
  • 12 hours Why do Driller stocks move with the daily price of oil?
  • 3 hours CERAweek Meeting
  • 3 hours Russian influence on energy markets-Report
  • 8 hours G20 Rejects Calls for Cryptocurrency Regulation
  • 4 hours Terminator plans to sue big oil for 'first degree murder'
  • 4 hours 2020 - Electricity From Renewables Will Be Cheaper Than From Most Fossil Fuels?
Alt Text

The Power Has Shifted In LNG Markets

Analysts predict that some $8…

Alt Text

How Will OPEC React To Soaring Shale Production?

OPEC has finally admitted that…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Trending Discussions

Three New Energy Technologies that Could Change the World

In the latest issue of Technology and Innovation – Proceedings of the National Academy of Inventors, three new energy technologies are discussed which could potentially change the world.

The first is the idea of Marine Renewable Energy (MRE), and is suggested by Howard P. Hanson of the Southeast National Marine Renewable Energy Center at Florida Atlantic University.

It involves making use of the vast amount of kinetic energy that exists in the ocean currents and waves. The US Department of Energy has established three national MRE centres to research the energy potential that the oceans offer, and push the advancement of the technologies needed for using MRE.

Hanson suggests that “the hydrokinetic energy of tidal and open-currents, as well as ocean waves, and the thermal potential of the oceanic stratification, can be recovered using ocean thermal conversion technology.”

The second technology can convert waste thermal energy directly into electricity.

Related Article: Ontario Smacked by U.S. Lawsuit on Fracking

Using recent advance in nanotechnology, infrared thermal radiation can be collected and converted into electricity using a ‘rectenna’.

Engineers at the University of South Florida's Clean Energy Resource Center mentioned that “converting waste heat to electrical energy can be a reality by using a rectenna, a combination of high frequency antenna and a tunnel diode.”

The rectenna can use waste heat energy that radiates from inefficient machines, or even take the infrared directly from the sun (over half of all the suns energy that hits the Earth is in the invisible, infrared spectru).

The third technology is not so much a method for generating energy, as it is a technique for growing food more efficiently. Currently farmers tend to grow their crops out in the elements, and must risk crop damage from violent weather. Now though, as a result of advances in nanotechnology, “greenhouse farming and urban agriculture are the most efficient and cost effective ways to grow produce.”

Sarath Witanachchi, Marek Merlak and Prasanna Mahawela, of the USF Department of Physics have developed new nanophosphor-based electroluminescence, which can create light with a wavelength that exactly matches the wavelength required by photosynthesis. This discovery makes it possible to grow crops indoors, away from the elements.

Witanachchi said that “conventional technologies used in today's agriculture are inefficient and lead to natural resource waste and degrade the environment.” The new nanophosphor light is much more efficient, and can therefore lead to a huge reduction in energy costs.

By. James Burgess of Oilprice.com

Back to homepage

Trending Discussions

Leave a comment
  • Anatoly on October 07 2013 said:
    You can add new technology that will definitally change the world of energy.
    New device developed which converts deep water pressure into device shaft rotation with output rated 20MW @ 5 bar per every cubic meter of device size.
    Unlimited supply, inexpensive hardware, invisible no any harm to marine life and energy cost lower than traditional energy.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News