Modern society relies on readily available refrigeration. Magnetic refrigeration has three prominent advantages compared with compressor-based refrigeration. First, there are no harmful gases involved; second, it may be built more compactly as the working material is a solid; and third, magnetic refrigerators generate much less noise. Recently a new class of magnetic refrigerant-materials for room-temperature applications was discovered. These new materials have important advantages over existing magnetic coolants: they exhibit a large magnetocaloric effect (MCE) in conjunction with a magnetic phase-transition of first order. This MCE is larger than that of Gd metal, which is used in the demonstration refrigerators built to explore the potential of this evolving technology. In the present review we compare the different materials considering both scientific aspects and industrial applicability. Because fundamental aspects of MCE are not so widely discussed, we also give some theoretical considerations. (Some figures in this article are in colour only in the electronic version)

The MnCoGe alloy can crystallize in either the hexagonal Ni2In- or the orthorhombic TiNiSi-type of structure. In both phases MnCoGe behaves like a typical ferromagnet with a second-order magnetic phase transition. For MnCoGeBx with B on interstitial positions, we discover a giant magnetocaloric effect associated with a single first-order magnetostructural phase transition, which can be achieved by tuning the magnetic and structural transitions to coincide. The results obtained on the MnCoGe-type alloys may be extensible to other types of magnetic materials undergoing a first-order structural transformation and can open up some possibilities for searching magnetic refrigerants for room-temperature applications.

Large magnetically driven temperature changes are observed in MnFe(P,Si,B) materials simultaneously with large entropy changes, limited (thermal or magnetic) hysteresis, and good mechanical stability. The partial substitution of B for P in MnFe(P,Si) compounds is found to be an ideal parameter to control the latent heat observed at the Curie point without deteriorating the magnetic properties, which results in promising magnetocaloric properties suitable for magnetic refrigeration.