Nanotechnology is a rapidly developing area of research due to the many different applications it has, as well as its potential to improve energy efficiency while also leveraging renewable energy production economically. New developments in nanotechnology have the potential to have an effect on every stage of the value-adding process in the energy industry.
It is able to address the shortage of non-renewable resources such as diesel and gasoline by producing fuels from low-grade raw materials, improving the performance of batteries, nanotech solar cells, piezoelectric nano-fibers for mobile charging, solar steam devices, plasmonic cavities, and a number of other technologies, to name a few of them.
Nanotechnology also has the potential to reduce the amount of energy wasted and improve efficiency across a range of applications, as well as optimize existing renewable energy resources.
