The Magnetocaloric Effect and Magnetic Refrigeration Near Room Temperature: Materials and Models

In the past 20 years, there has been a surge in research on the magnetocaloric response of materials, due mainly to the possibility of applying this effect for magnetic refrigeration close to room temperature. This review is devoted to the main families of materials suitable for this application and to the procedures proposed to predict their response. Apart from the possible technological applications, we also discuss the use of magnetocaloric characterization to gain fundamental insight into the nature of the underlying phase transition.