Nanofluids—a simple product of the emerging world of nanotechnology—are suspensions of nanoparticles (nominally 1–100 nm in size) in conventional base fluids such as water, oils, or glycols. Nanofluids have seen enormous growth in popularity since they were proposed by Choi in 1995. In the year 2011 alone, there were nearly 700 research articles where the term nanofluid was used in the title, showing rapid growth from 2006 (175) and 2001 (10). The first decade of nanofluid research was primarily focused on measuring and modeling fundamental thermophysical properties of nanofluids (thermal conductivity, density, viscosity, heat transfer coefficient). Recent research, however, explores the performance of nanofluids in a wide variety of other applications. Analyzing the available body of research to date, this article presents recent trends and future possibilities for nanofluids research and suggests which applications will see the most significant improvement from employing nanofluids.

Due to its renewable and nonpolluting nature, solar energy is often used in applications such as electricity generation, thermal heating, and chemical processing. The most cost-effective solar heaters are of the “flat-plate” type, but these suffer from relatively low efficiency and outlet temperatures. The present study theoretically investigates the feasibility of using a nonconcentrating direct absorption solar collector (DAC) and compares its performance with that of a typical flat-plate collector. Here a nanofluid—a mixture of water and aluminum nanoparticles—is used as the absorbing medium. A two-dimensional heat transfer analysis was developed in which direct sunlight was incident on a thin flowing film of nanofluid. The effects of absorption and scattering within the nanofluid were accounted for. In order to evaluate the temperature profile and intensity distribution within the nanofluid, the energy balance equation and heat transport equation were solved numerically. It was observed that the presence of nanoparticles increases the absorption of incident radiation by more than nine times over that of pure water. According to the results obtained from this study, under similar operating conditions, the efficiency of a DAC using nanofluid as the working fluid is found to be up to 10% higher (on an absolute basis) than that of a flat-plate collector. Generally a DAC using nanofluids as the working fluid performs better than a flat-plate collector, however, much better designed flat-plate collectors might be able to match or outperform a nanofluids based DAC under certain conditions.