Furness Process catalysts can convert heat energy into electrical energy, reducing the amount of energy needed to run a household.
The technology, which can be used in homes and other small commercial applications, has attracted attention from some researchers and is now available in the lab.
Furness processes catalysts convert heat power into electrical power.
Photo: Supplied The company said it was investing $100 million in research and development in a new version of the process that would be used to create furnaces.
Furnace maker Furniture Maker Technology Limited (FMT) said its new process catalyst could cut the energy required to run the world in half.
The new catalyst would use a different type of carbon-based catalyst, known as Furan Process, and was developed using the company’s technology.
It uses a catalyst to transform heat energy to electricity, a process called ferroelectricity, according to the company.
The furnace can be manufactured in the furnaces manufacturing process.
“The new version will reduce the energy used in the manufacturing process by up to 50 per cent,” Furnituremaker Technology said.
The company’s CEO, Paul Jorgensen, said the new catalyst was already being used in manufacturing equipment.
“Ferroelectric energy is the best form of renewable energy in the world, but there are limitations,” he said.
In addition to reducing the energy cost, Furnituremakers technology also has other advantages, such as being able to work in extreme temperatures. “
Our new process technology enables us to make furnaces using a more efficient technology, and in the future to be able to make the furnace for industrial and commercial applications.”
In addition to reducing the energy cost, Furnituremakers technology also has other advantages, such as being able to work in extreme temperatures.
The firm said it had started testing the process in a furnace that could be used as a furnace for commercial applications.
Furniture maker Furnace Maker Technology has been developing a new method for converting heat power to electricity that can convert energy from heat energy generated by a furnace into electricity.
Photo from FurnitureMaker Technology website.
“It’s a much more cost-effective process to use than conventional processes,” Furnishermaker Technology chief executive Paul Jorgo said.
”We’ve been working on this technology for over two years and have a great deal of experience working with high-temperature processes.
“What we’re doing is trying to solve one of the biggest problems in the energy sector.”
The new process is already being tested in a machine-made furnace that is currently being used as the basis for a large commercial furnace.
“There are some other applications we’re trying to apply this technology to, and we are currently working on commercial applications,” Furnitionmaker Technology director Andrew Smith said.
Furnishers process could cut energy use by more than a third.
Furnishings process could reduce energy use and reduce greenhouse gas emissions by up a third, according the firm.
Furnishingmaker Technology’s Mr Jorgenson said the company was developing a method to convert heat electricity into electrical electricity, reducing energy consumption by up about 10 per cent.
“This is a very novel technology and is currently only being used for the production of furnaces,” he added.
Furnishermakers Technology said it would start working on a commercial version of its furnace that would work in a range of applications.
It is currently developing furnaces that can be converted into a furnace, a furnace manufacturer, a microwave oven and a refrigerator.
“In the next five years, we expect to be using furnaces to produce products from solar panels and other renewable energy sources,” Mr Jorgon said.
However, the company said a large number of small commercial installations were being used by businesses that did not have the capital to develop their own technology.