While the costs associated with catalytic development are substantial, there are several strategies that can be employed to mitigate them:
1. Collaborative Research: Forming partnerships between academic institutions, industry, and government can help share the financial burden and pool resources. Collaborative efforts can also facilitate the sharing of knowledge and technologies, accelerating the development process. 2. High-Throughput Screening: Utilizing high-throughput screening techniques can significantly speed up the discovery of new catalysts by allowing the rapid evaluation of thousands of potential candidates. 3. Computational Modelling: Advances in computational chemistry and machine learning can be leveraged to predict the properties and performance of new catalysts, reducing the need for costly experimental trials. 4. Recycling and Recovery: Developing methods to recycle and recover costly catalyst materials can help reduce the overall material costs.
