another field of application for reo ?

No idea whether already posted, but I found this message yesterday in a German business magazine (Wirtschaftswoche).
I felt free to shorten the following article.

A. Pastore, the head of the UK startups Camfridge wants to establish an entirely new cooling technology. It is significantly more efficient than conventional compressors that are built 180 years ago in refrigerators and leave the optimized technically barely. The key role is played by a magnet.

Home appliance manufacturers like Whirlpool, the U.S. group to test its technology already in their devices.

With a prototype of the founders is currently presenting at fairs and congresses his new method.

The exterior of the device like any other fridge also. The innovation lies on his back, where else, a compressor and a grid sitting of fine tubes through which a chemical refrigerant flows in Pastores freezer is a magnet mounted. Is similar in size and shape of a bisected Gugelhupf cake. In its center a small rotor rotates from a special material that produces a physical effect due to cold.

The revenue potential of this new technology is powerful: The world market for air conditioning included at least $ 88 billion in 2011, the British consultancy BSRIA has calculated. German consumers bought only a year before cooling equipment worth around 1.4 billion euros, calculated by the Central Association of the Electrical and Electronics Industry.

The billion-dollar industry is now facing a time of innovation. For in the meantime, almost all major home appliance manufacturer to recognize the potential of the technology and test it in their labs - including global leader Haier from China or the Japanese electronics giant Toshiba. More than 40 prototypes have counted industry experts.

Moreover, the devices operate silently, because they work without humming compressor.

Even air conditioning manufacturers such as Delta Electronics of Taiwan or Embraco in Brazil are interested in the new method. And auto giants like Fiat and Nissan want to reduce the fuel consumption with the technology of air-conditioned cars.

Within a few years "is the magnetic refrigeration compressor technology of today's devices displace" predicts the physicist Karl Sandeman of Imperial College in London. Thus, the magnetic refrigeration units convert soon as radical as the LCD screen, the television world.

Read also:
http://sciencenordic.com/magnetic-fridge-cuts-electricity-bill-half