Nanotubes and Energy - Hype or Hope?

Apr 19, 2005

Cientifica - the world's leading nanotechnology information company - released today the most comprehensive global study ever undertaken of the market and technology impact of carbon nanotubes on the energy sector.

The report, Nanotubes for the Energy Market, has uncovered a number of notable findings, including:

-- Carbon nanofibers already compete with traditional technologies for electrodes in batteries; currently 50% of all lithium batteries incorporate carbon nanofibers which double their energy capacity. Quantitative analysis backs up Cientifica's view that this figure will rise to 85% by 2010.

-- Multiwalled nanotubes can enable a tenfold improvement in the performance of fuel cells, together with a 50% reduction of the cost of catalyst material. As prices drop over the next 5 years, Cientifica estimates they will be used in 70% of all fuel cells.

-- CNT prices will decrease by a factor 10-100 in the next 5 years. Nanofibers and MWNTs will meet price barriers by 2008-2009 for most applications in the Energy market.

-- CNT production is shifting from the US and Japan to Asia Pacific (Korea and China). By 2010 the major supplier of all types of nanotubes will be Korea.

Energy production and storage are just two of the many areas touted to be in line for dramatic impact by carbon nanotubes, with their potential to radically improve battery, fuel cell and solar cell performance.

However, as Cientifica's report points out, attention is given to the potential technological benefits of nanotubes with little or no consideration given to basic economic and commercial truths. Such an approach leads to nothing more than speculative hype.

To overcome this, the report details on a qualitative and quantitative basis the performance improvements that nanotubes will have and are already beginning to demonstrate, as well as pricing and production dynamics over the next five years.

For the first time, this information enables rational informed decisions to be made on the commercial viability and impact of nanotubes on the energy market. It separates the reality from the hype and answers important questions like:

-- Will nanotubes kick-start the fuel cell industry?

-- Are battery technologies under threat from fuel cells, or will nanotubes give them a new lease of life?

-- Will nanotubes deliver the much needed price-drops necessary to commercialise solar cells?

-- There is no shortage of CNT suppliers, so why are nanotubes so expensive, and over what timeframe will the price come down to competitive levels?

Cientifica is the world's largest independent supplier of nanotechnology information, with activities spanning from basic research through scientific networks to consultancy, business intelligence and investment appraisals. Cientifica's unrivalled focus and insight into this sector offers industry, investors and researchers unparalleled analysis of the technological and commercial opportunities for nanotubes in the energy sector.

For more information visit www.cientifica.com

Explore further: A stretchy mesh heater for sore muscles

Related Stories

NJIT professor earns patent for next-generation water filter

Jun 08, 2015

Somenath Mitra, distinguished professor of chemistry and environmental science, was awarded a patent last month for a next-generation water desalination and purification technology that uses uniquely absorbent carbon nanotubes ...

Chemists develop novel catalyst with two functions

Jul 09, 2014

Chemists at the Ruhr-Universität Bochum have made a decisive step towards more cost-efficient regenerative fuel cells and rechargeable metal-air batteries. They developed a new type of catalyst on the basis ...

Recommended for you

A stretchy mesh heater for sore muscles

Jul 03, 2015

If you suffer from chronic muscle pain a doctor will likely recommend for you to apply heat to the injury. But how do you effectively wrap that heat around a joint? Korean Scientists at the Center for Nanoparticle ...

Polymer mold makes perfect silicon nanostructures

Jul 03, 2015

Using molds to shape things is as old as humanity. In the Bronze Age, the copper-tin alloy was melted and cast into weapons in ceramic molds. Today, injection and extrusion molding shape hot liquids into ...

Better memory with faster lasers

Jul 02, 2015

DVDs and Blu-ray disks contain so-called phase-change materials that morph from one atomic state to another after being struck with pulses of laser light, with data "recorded" in those two atomic states. ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.