lubricated by motor oil. Microturbines can be used for cogeneration and distributed generation as turbo alternators or turbogenerators, or to power hybrid electric vehicles. The majority of the waste heat is contained in the relatively high temperature exhaust making it simpler to capture, while reciprocating engines waste heat is split between its exhaust and cooling system. Exhaust heat can be used for water heating, space heating, drying processes or absorption chillers, which create cold for air conditioning from heat energy instead of electric energy. Efficiency Microturbines have around 15% efficiencies without a recuperator, 20 to 30% with one and they can reach 85% combined thermal-electrical efficiency in cogeneration. The recuperated Niigata Power Systems 300-kW RGT3R thermal efficiency reaches 32.5% while the 360 kW non recuperated RGT3C is at 16.3%. Capstone Turbine claims a 33% LHV Electrical Efficiency for its 200 kW C200S. In 1988, the NEDO started the Ceramic Gas Turbine project within the Japanese New Sunshine Project: in 1999 the recuperated twin-shaft 311.6 kW Kawasaki Heavy Industries CGT302 achieved a 42.1% efficiency and a 1350 °C turbine inlet temperature. In October 2010, Capstone was awarded by the US Department of Energy the design of a two-stage intercooled microturbine derived from its current 200 kW and 65 kW engines for a 370 kW turbine targeting a 42% electrical efficiency. Researchers from the Lappeenranta University of Technology designed a 500 kW intercooled and recuperated two-shaft microturbine aiming for a 45% efficiency. Market Forecast international predicts a 51.4% market share for Capstone Turbine by unit production from 2008 to 2032, followed by Bladon Jets with 19.4%, MTT with 13.6%, FlexEnergy with 10.9% and Ansaldo Energia with 4.5%. Ultra micro MIT started its millimeter size turbine engine project in the middle of the 1990s when Professor of Aeronautics and Astronautics Alan H. Epstein considered the possibility of creating a personal turbine which will be able to meet all the demands of a modern person's electrical needs, just as a large turbine can meet the electricity demands of a small city. Problems have occurred with heat dissipation and high-speed bearings in these new microturbines. Moreover, their expected efficiency is a very low 5-6%. According to Professor Epstein, current commercial Li-ion rechargeable batteries deliver about 120-150 W·h/kg. MIT's millimeter size turbine will deliver 500-700 W·h/kg in the near term, rising to 1200-1500 W∙h/kg in the longer term. A similar microturbine built by the Belgian Katholieke