Efficient, long-range correlation from occupied wavefunctions only
  We use continuum mechanics [Tao \emph{et al}, PRL{\bf 103},086401] to approximate the dynamic density response of interacting many-electron systems. Thence we develop a numerically efficient exchange-correlation energy functional based on the Random Phase Approximation (dRPA). The resulting binding energy curve $E(D)$ for thin parallel metal slabs at separation $D$ better agrees with full dRPA calculations than does the Local Density Approximation. We also reproduce the correct non-retarded van der Waals (vdW) power law $E(D)\aeq -C_{5/2}D^{-5/2}$ as $D\to\infty$, unlike most vdW functionals. 
Tim Gould and John F. Dobson
cond-mat.mes-hall physics.atom-ph