A research project with the lofty goal of reducing electronics' power consumption by ten times and virtually eliminating so-called vampire power may not ordinarily stand the best chance of being taken seriously, but this new initiative dubbed "Steeper" isn't exactly your ordinary research project. Led by IBM and the Ecole Polytechnique Federale de Lausanne (or EPFL), the EU-funded project will use nanotechnology in an attempt to reduce power consumption at the level of transistors and nanowires, with the ultimate goal being to reduce the operating voltage to less than 0.5 volts, thereby reducing overall power consumption by one order of magnitude.
