I suppose the real breakthrough here is that somebody (or bodies), somewhere, decided to invest huge sums of money in perfecting and/or domesticating the technology.
As with any 'green' technological progress, the cost of development and manufacture would hopefully be offset by the eventual savings in conserved energy and increased economy/efficiency. While the impact upon the environment is harder to put a real value on, it is presumably another reason for the ever increasing interest in such projects.
Of course, the outlay for such progress is rarely over-estimated, so it remains to be seen whether we really can save the world while saving a few pennies in the process.
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Sure, the concept is pretty old:, but real advances have only been made in fits and starts;
quote:
The effect was discovered in pure iron in 1881 by E. Warburg. Originally, the cooling effect varied between 0.5 to 2 K/T.
Major advances first appeared in the late 1920s when cooling via adiabatic demagnetization was independently proposed by two scientists: Debye (1926) and Giauque (1927).
The process was demonstrated a few years later when Giauque and MacDougall in 1933 used it to reach a temperature of 0.25 K. Between 1933 and 1997, a number of advances in utilization of the MCE for cooling occurred.
This cooling technology was first demonstrated experimentally by chemist Nobel Laureate William F. Giauque and his colleague Dr. D.P. MacDougall in 1933 for cryogenic purposes (they reached 0.25 K).
Between 1933 and 1997, a number of advances occurred which have been described in some reviews:
In 1997, the first near room temperature proof of concept magnetic refrigerator was demonstrated by Prof. Karl A. Gschneidner, Jr. by the Iowa State University at Ames Laboratory. This event attracted interest from scientists and companies worldwide who started developing new kinds of room temperature materials and magnetic refrigerator designs.
Refrigerators based on the magnetocaloric effect have been demonstrated in laboratories, using magnetic fields starting at 0.6 T up to 10 teslas. Magnetic fields above 2 T are difficult to produce with permanent magnets and are produced by a superconducting magnet (1 tesla is about 20,000 times the Earth's magnetic field).
-Answers.com
One potentially massive leap in progress was only made in 1996, "with the discovery of the ?giant? magneto caloric effect (GMCE) discovered by Gschneidner and Pecharsky in 1996."
quote:
This led to an improvement of the refrigeration capacities of materials showing the GMCE of approximately a factor two. The development of such alloys is still undergoing substantial improvement, which makes the magnetic heating and cooling technology increasingly interesting. Sustainable applications include practical large-scale applications, such as in home refrigerators, heat pump applications, air conditioning systems, process technical systems, and automobiles, in accordance with the Kyoto protocol.
Referenced here.
So it might well be true to say that the last two decades have held the most important developments in the field of magnetic refrigeration. This being the case, it seems flippant to dismiss some of the most recent developments as 'old news'.
EDIT: Oops, removed confusing tags from quote.
(Edited by White Hawk on 09-30-2007 14:26)