Application of Rare Earths for Higher Efficiencies in Energy Conversion

Rare earths have taken a prominent position in the Hi-Tech field after the discovery of the NdFeB permanent magnets. Their use in the magnets sparked miniaturization of the communication devices such as computers and mobile phones and are being considered in many more applications. Potential applications of rare earth elements in energy conversion technologies including wind turbines, photovoltaics, and other renewable energy systems are reviewed, along with sustainability considerations and production processes.