New functional magnetic materials are in high demand, both for nano-technology, information storage and for green energy conversion in wind-mills and wave power generators. The recent increase in the cost of rare-earth elements, a key component in permanent magnets, call for new rare-earth free compounds. By means of data-filtering methods combined with advanced electronic structure theory and atomistic spin-dynamics, new magnets will be identified.

Tags: Climate change, Energy, Engineering, Environment & Nature, Future /green cities, Green Tech, Renewable energies