Update: They blew it.
No reason U.S. independence day should slow the news down in Europe. Look for the long awaited demo from London of Steorn’s new Orbo device today, which supposedly creates a steady stream of energy from magnetic fields:
Orbo produces free, clean and constant energy – that is our claim. By free we mean that the energy produced is done so without recourse to external source. By clean we mean that during operation the technology produces no emissions. By constant we mean that with the exception of mechanical failure the technology will continue to operate indefinitely.
The sum of these claims for our Orbo technology is a violation of the principle of conservation of energy, perhaps the most fundamental of scientific principles. The principle of the conservation of energy states that energy can neither be created or destroyed, it can only change form.
Because of the revolutionary nature of our claim, not only to the world of science but to the world in general, Steorn issued a challenge to the scientific community in August 2006 to test our technology and report their findings. The process of validation that has resulted from this challenge is currently underway, with results expected by the end of 2007.
The core technology is “based upon the principle of time variant magneto-mechanical interactions,” which of course is exactly how I would have approached the problem, too. Engadget has a picture of the device. A demo video is promised to be published momentarily. Keep an eye on this blog, which is basically tracking the company and the product.