There is little debate that we need to wean ourselves off of fossil fuels, but the costs of renewable energy platforms such as solar make it difficult. Nanotechnology definitely offers the answer.
Solar power is considered one of the better renewable energy platforms. Enough sunlight hits our planet each day to meet our world wide energy needs for an entire year. On top of this, solar energy is a free power source, since nobody can corner the market on the sun. Solar power is also good for the environment since it produces none of the emissions that are of such concern today, specifically carbon dioxide greenhouse gases.
If solar is so great, why don't we see more practical applications? The problem lies in the applications. Specifically, we have no way to harness the power. Commercial solar cells are very inefficient. Current models on the market only convert about 8 to 13 percent of the sunlight hitting them. This inefficiency makes the cost of producing energy via solar platforms too costly. So, what can we do?