The document describes a proposal from Dr. Jaber Abu Qahouq to develop carbon nanotube power converters and inverters as a way to address current problems with power inductors and transformers being bulky and difficult to integrate. Carbon nanotube components could provide higher density and efficiency by reducing resistance compared to traditional copper components. The technology has potential advantages in applications requiring DC-AC, AC-DC or DC-DC power conversion such as reducing electromigration issues in small, integrated systems.