If there is any way to solve the huge economic problems the world is facing today, breakthroughs in energy technology could play a major role, and at the moment E-Cat technology seems to offer the most promise.
Despite a chronically weak economic picture worldwide, energy prices are stuck at high levels and the prospect of them going higher seem likely as costs of discovery and extraction increase, and geopolitical uncertainties and fears persist. There are continued efforts to find alternatives to fossil and nuclear fuels but while we see incremental progress in energy innovation, no new energy technology has as yet have been comparable in abundance or efficiency to the traditional mainstays.
This is what makes the appearance of Andrea Rossi’s energy catalyzer technology so tantalizing. We may be seeing the introduction of an energy source that has the potential to eclipse anything we have yet known in terms of abundance, economy and efficiency
Andrea Rossi has said that initially his energy costs will be 10 percent of current costs (both thermal and electrical). It will obviously take time for a new technology like the energy catalyzer to become widely implemented, but in time it could become a ubiquitous energy sourc.
If this turns out to actually be the case the economic impact would be phenomenal. Imagine your heating, electrical and fuel bills cut by 90 per cent. Imagine the impact on businesses if energy overhead costs are cut by 90 per cent (and the cost savings that could be passed on to consumers). Imagine the impacts on local, and national government budgets if their energy budget line were cut by 90 percent. Imagine the cost savings in agriculture, mining, construction, manufacturing, and other energy intensive industries if they had to pay 90 per cent less for energy to power their operations.
If this technology is fully and finally validated (Rossi says this will take place in the marketplace — no more public demonstrations) there should be a surge of interest in the E-Cat, and it will be time to adapt to a new economic reality. Certainly there will be plenty of turmoil to deal with as established interests, based on the old energy economy will no doubt struggle to remain profitable and relevant, but the prospects this new technology offers will be so attractive that huge demand throughout the world will make it difficult to stop.
The energy catalyzer could be the most significant invention since the dawning of the industrial revolution — not only because of the immediate benefits, but a breakthrough like this would spark a new wave of research leading to scientific discoveries that could eventually eclipse even Rossi’s nuclear discovery. Rossi’s work is already providing a new surge of interest in the cold fusion/LENR field, and competitors are already at work trying to match and exceed Rossi’s achievements.
Unless Rossi and his associates have been lying all along, and faking their demonstrations and data, it seems that we are indeed on the verge of an extraordinary technological development that could provide the world with something that may transform today’s dismal economic climate which is imperiling the very foundations of modern society.
Adapted from an article published on this site on Jun 10, 2011.