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ScienceDaily (June 12, 2011) — With the completion of a successful prototype, engineers at Oregon State University have made a major step toward addressing one of the leading problems in energy use around the world today -- the waste of half or more of the energy produced by cars, factories and power plants. New technology is being developed at OSU to capture and use the low-to-medium grade waste heat that's now going out the exhaust pipe of millions of automobiles, diesel generators, or being wasted by factories and electrical utilities.The potential cost savings, improved energy efficiency and broad application of such technology is enormous, experts say. The new systems now being perfected at OSU should be able to use much of that waste heat either in cooling or the production of electricity.