Yes, especially if you are in a sunny area.
Philip started a similar thread in the Long Term Disasters section.
You guys must have seen the same news story.
I posted a couple of links on his thread.
VITA and solarcookers.org are good sources for more information on them
They have been playing with these solar cookers a lot in the refugee camps in Africa. Wood, charcoal and other fuels are very scarce there. However the sun is free and usually more than hot enough.
Slower cooking times are fine when your fuel is the sun.
They also have some interesting articles on using solar cookers to sterilize water for drinking.
The WHO recommends heating to 156 degrees Fahreheit instead of boiling because fuel is so scarce, and have created a sort of wax filled thermometer to measure if that temperature was reached.
At 156F some of the bacterial spores survive but all active bacteria and viruses are killed. The bacterial spores that do survive are made harmless by the heat and are not able to cause infections.
I was looking at solar cookers about a year ago and have quite a few links and articles downloaded.
I have tried a couple of the designs out and they worked OK. In my experience it is better to think of slow cooking methods with them than as fast fry grills.
One other point to think about is how sunny it is where you are. The farther from the equater, the farther from high noon and the cloudier your climate is the less effective solar cooking becomes.
This can be balanced by making larger collectors to some degree.
If you are curious about parabolic reflector design cookers a man called Brian White in Victoria BC Canada has been playing with them a lot. He has been posting videos of his work on Youtube under the name Gaiatechnician.
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May set off to explore without any sense of direction or how to return.