Crude oil imported to the United States costs more than $100 billion per year. As these reserves become depleted, synthetic alternatives may provide the best opportunities to displace these imports with indigenous products, including ethanol from corn, bio-diesel from vegetable oils, and oil from coal. However, it has been difficult to bring this new alternative fuel technology to the United States. A new study by a University of Missouri-Columbia researcher found that by changing existing roadblocks, such as the U.S. tax structure, it would be possible for the United States to reduce the need for imported crude oil.
“In modern society, a nation must be able to commercialize new technology to maintain high worker productivity and an industrial base that is critical for national security,” said Galen Suppes, MU associate professor of chemical engineering. “When national policies inhibit this commercialization, the future of a country is inevitably compromised.”
In the study, Suppes and MU professor emeritus Truman Storvick examined a synthetic fuel sales price and four potential non-technical barriers: the number of years of petroleum crude oil reserves held by a corporation considering an investment into an alternative fuel facility, the intangible costs associated with investing into a new technology, the U.S. tax structure, and the return on investment. Suppes used an analysis that is similar to analyses used to make investment decisions in the chemical industry.
Battery research at Graz University of Technology: new breakthroughs in research on super-batteries
25.04.2019 | Technische Universität Graz
Energy-saving new LED phosphor
24.04.2019 | Universität Innsbruck
Flexible, organic and printed electronics conquer everyday life. The forecasts for growth promise increasing markets and opportunities for the industry. In Europe, top institutions and companies are engaged in research and further development of these technologies for tomorrow's markets and applications. However, access by SMEs is difficult. The European project SmartEEs - Smart Emerging Electronics Servicing works on the establishment of a European innovation network, which supports both the access to competences as well as the support of the enterprises with the assumption of innovations and the progress up to the commercialization.
It surrounds us and almost unconsciously accompanies us through everyday life - printed electronics. It starts with smart labels or RFID tags in clothing, we...
The human eye is particularly sensitive to green, but less sensitive to blue and red. Chemists led by Hubert Huppertz at the University of Innsbruck have now developed a new red phosphor whose light is well perceived by the eye. This increases the light yield of white LEDs by around one sixth, which can significantly improve the energy efficiency of lighting systems.
Light emitting diodes or LEDs are only able to produce light of a certain colour. However, white light can be created using different colour mixing processes.
Researchers led by Francesca Ferlaino from the University of Innsbruck and the Austrian Academy of Sciences report in Physical Review X on the observation of supersolid behavior in dipolar quantum gases of erbium and dysprosium. In the dysprosium gas these properties are unprecedentedly long-lived. This sets the stage for future investigations into the nature of this exotic phase of matter.
Supersolidity is a paradoxical state where the matter is both crystallized and superfluid. Predicted 50 years ago, such a counter-intuitive phase, featuring...
A stellar flare 10 times more powerful than anything seen on our sun has burst from an ultracool star almost the same size as Jupiter
A localization phenomenon boosts the accuracy of solving quantum many-body problems with quantum computers which are otherwise challenging for conventional computers. This brings such digital quantum simulation within reach on quantum devices available today.
Quantum computers promise to solve certain computational problems exponentially faster than any classical machine. “A particularly promising application is the...
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