A process called hysteresis causes some of the heat energy to be lost, but this new alloy has a low hysteresis, the researchers say. Because of this, it could be used to convert waste heat energy into large amounts of electricity.
One obvious use for this material would be in the exhaust pipes of vehicles. Several automakers are already working on heat transfer devices that can convert a car’s hot exhaust into usable electricity; General Motors is using alloys called skutterudites, which are cobalt-arsenide materials doped with rare earths.