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Nanotechnology Helps Profits by Cutting Energy Costs

A report by Lux Research, titled “Nanotech’s Answer Key to the Energy Problem,” quantifies the potential impact that six nanotechnology innovations could have on energy consumption in three representative regions: the United States, Germany and Japan.

BOSTON – A report by Lux Research, titled “Nanotech’s Answer Key to the Energy Problem,” quantifies the potential impact that six nanotechnology innovations could have on energy consumption in three representative regions: the United States, Germany and Japan. The six technologies are low-friction tribological coatings in automotive engines, nanofiber air filters, nano-enabled insulation, lightweight nanocomposite automotive parts, thermochromic windows and quantum dot (QD)-enabled light sources.

“Full adoption of all six nanotechnologies listed could reduce total energy consumption by 12 percent, which would be comparable to shutting down all the coal plants in the U.S.,” said David Hwang, an Analyst for Lux Research and the report’s lead author. “A more realistic adoption scenario could see a 1.6 percent drop in consumption that, while less impressive, is still substantial compared to the potential impact of energy conservation or renewable energy generation.”

Visit www.luxresearchinc.com for more information.

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