Specifically, the report outlines how power converters made of gallium nitride semiconductors are both more efficient and smaller -- but thus far they've only been able handle power in the range of 600 volts. That's enough for household products, but not for larger or more complex devices. But MIT's research has led to a breakthrough in which gallium nitride converters have been able to handle twice the voltage -- up to 1,200 volts. That's enough to use in an electric car, but this is only a beginning point for the technology.

Ultimately, MIT and its partners believe that improvements will let these converters handle 3,300 and 5,000 volts, enough to build them into the power grid itself. The challenge has been building "vertical" converters out of gallium nitride, a design that's more efficient than the "lateral" alternative, but also harder to produce. But a new design has helped make these voltage increases more plausible: "Instead of doing the complicated zigzag path for the current in conventional vertical transistors, let's change the geometry of the transistor completely," said MIT professor Tomás Palacios. There's no word on when these types of designs might make it into electric cars or power grids, but the potential of reducing energy waste makes this project one worth keeping an eye on.