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ooshna (1654125) writes " According to Stanford engineers a new process that uses both heat and light to generate electricity has the potential to double the efficiency of solar power driving down costs enough to compete with oil. The best part is that they prove it works. The process is called "photon enhanced thermionic emission," or PETE.
"This is really a conceptual breakthrough, a new energy conversion process, not just a new material or a slightly different tweak," said Nick Melosh, an assistant professor of materials science and engineering, who led the research group. "It is actually something fundamentally different about how you can harvest energy."
"Just demonstrating that the process worked was a big deal," Melosh said. "And we showed this physical mechanism does exist, it works as advertised."
I don't know about you but I for one hope this works and we see more about this in the future." Link to Original Source