Abstract
In this article an introduction and overview of heavy ion storage rings is given. The different cooling schemes for ion beams, i.e. electron, laser, and stochastic cooling as well as beam heating mechanisms are described. Connected to this are collective effects in cold stored ion beams which lead to a form of crystallization. The potential of cooler rings in atomic and molecular physics experiments with stored and cooled ion beams is discussed. This will be exemplified with results from atomic lifetime measurements and the interaction of atomic and molecular ions with electrons and photons utilizing the electron cooler.
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